Turnkey investment opportunity featuring eight occupied single-family rental homes offered as one package: 11223 Morningside Dr., Mabelvaleâ??3 BR, 1.5 BA, 1,344 SF; 10025 Wilderness Rd.â??3 BR, 2 BA, 1,547 SF; 6804 Fairfield Dr.â??3 BR, 1 BA, 1,142 SF; 10 Portsmouth Dr.â??2 BR, 1.5 BA, 900 SF; 4121 Arapaho Trl.â??2 BR, 1.5 BA, 1,444 SF; 7500 Redwood Dr.â??3 BR, 1 BA, 884 SF; 3601 Lilac Ter.â??3 BR, 1 BA, 988 SF; and 14819 Arch St.â??2 BR, 1 BA, 1,074 SF. All properties except Morningside are in Little Rock. The portfolio totals 21 bedrooms, 10.5 bathrooms and approximately 9,323 SF. Seller reports potential for future income growth as leases renew, subject to lease terms, required notices, housing-assistance guidelines and applicable law. Four homes participate in housing-assistance programs. Professionally managed. Several homes were renovated in 2017, 2022 or 2023, with approximately $139,000 in reported repairs and improvements. Several long-term tentants/leases extend into 2027, providing established income from day one. No reported HOA/POA fees or owner-paid monthly utilities. Package sale only; seller will not divide. Do not disturb tenants. Buyer to verify all information.
Listed By
Agency Name: LPT Selling Luxury
Agency Phone: 321-486-8644
Shown By
Agent Name: Beverly Bumpus
Agent Phone: (501) 240-4250
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 3,617.88 per month $3,115.79 Principal & Interest $93.75 Property Tax $408.33 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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11223 Morningside Drive | MLS# 26036726
This multi-family property located at 11223 Morningside Drive, Shannon Hills, AR 72103 is currently listed for sale with an asking price of $1,400,000. Search Bryant real estate on bbumpus.crye-leike.com today.