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Listed by Bill Pressly • Arnold Group Real Estate
$ 2,650,000
Est. payment /mo
Active
Union St #1-11 Street Jonesboro, AR 72401
8,000 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $331
MLS Listing ID 10121023
Style Other/See Remarks
Annual Tax Amount $5,670
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Apartments
Property Description
Loft Living in Downtown Jonesboro, Arkansas This unique investment opportunity features 11 gated loft units and 8 gated parking spaces, generating over $200,000 in gross annual income. Rents range from $1,350 to $1,800 per month. Tenants pay electric, landlord covers water, trash, and internet. Originally constructed over 100 years ago, the building was transformed into modern lofts in 2015 all within the original structure's historic charm. One of the few gated properties in the heart of booming Downtown Jonesboro, the second fastest growing metro area in Arkansas. Contact us for more details and schedule your tour today!
Location
State AR
County Craighead
Area E
Interior
Interior Features Balcony/Loft, Built-Ins, Ceiling Fan(s), Climate Control, Jet Tub, Smoke Alarm(s), Other/See Remarks
Heating Electric
Cooling Central Air, Electric, Heat Pump(s)
Flooring Hardwood, Vinyl
Exterior
Exterior Feature Deck, Paved Streets
Roof Type Flat
Schools
Elementary Schools Jonesboro Magnet
High Schools Jonesboro High School
Others
Tax ID 0114418350200
