NOT LISTED FOR SALE

301 W 33rd Ave Pine Bluff, AR 71603

-- Bed
-- Bath
72,918 Sq Ft
4.62 Acres

Last Sold January 04, 2016

Last sale price $1,800,000 $25 Per Sq Ft

81 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • Carpet
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of January 2016

80 unit well maintained and managed apartment complex. Complex consists of 10 (8) unit buildings with separate office/laundrymat building. All buildings have metal roofs, brick/frame construction. Very good income producing property that has been well maintained(not patched repairs) and family built and ran for the past 25 years. Expenses above is inclusive of estimated debt service.

Last Agent to Sell the Property

Andrew Lunsford

Lunsford & Associates Realty Co. Listed on: 09/15/2015

Last Buyer's Agent

Andrew Lunsford

Lunsford & Associates Realty Co. Listed on: 09/15/2015

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $25,764

Year Built

  • Built in 1979

Lot Details

  • 4.62 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 72,918 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • 80 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$25,764

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • Price Per Sq Ft: 24.69
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Apartments
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: RMF-21
  • Source Of Sq Ft: Appraisal
  • Estimated Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Floors: Partial Carpet, Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Fan - Ceiling
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Metal

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Telephone-Private
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 4.62
  • Estimated Lot Size: 4.62
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Rental Info

  • Lease Type: Semi-Annually

Multi Family

  • Annual Expenses: 360000
  • Tenant Expenses: Electric, Cable
  • Maximum Rent One Bedroom: 540
  • Maximum Rent Three Bedroom: 740
  • Maximum Rent Two Bedroom: 620
  • Minimum Rent One Bedroom: 540
  • Minimum Rent Three Bedroom: 740
  • Minimum Rent Two Bedroom: 600
  • Number Of One Bedroom Units: 32
  • Number Of Three Bedroom Units: 8
  • Number Of Two Bedroom Units: 40
  • Number Units: 80

Tax Info

  • Annual Taxes: 25764

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2016 01/04/16 Sold $1,800,000 -28.0% $25 / Sq Ft
12/05/2015 12/05/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $2,500,000 -- $34 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 15029210

Cooperative Arkansas REALTORS® MLS