NOT LISTED FOR SALE

306 S Jp Wright Loop Rd Jacksonville, AR 72076

-- Bed
-- Bath
21,906 Sq Ft
1.58 Acres

Last Sold October 02, 2015

Last sale price $480,000 $22 Per Sq Ft

156 Days on Market

Highlights

  • 1.58 Acre Lot
  • Level Lot
  • Vinyl Flooring
  • Traditional Architecture

About This Home

As of October 2015

Cross Keys Apartments consists of 46 1BR/1BA apartments. This is a value add property. Seller has priced the complex well below appraised value. Gross Rev in 2011 was $143,118. 2012 was $129,571. 2013 $98,272. Downward trend was a result of a lack of capital and poor management. 5 of the 10 roofs were replaced in 2010. Tenants pay electricity. Seller's records of expenses is not deemed to be reliable due to poor management and accounting. Estimate for expenses is $55,000-$60,000 per year.

Last Agent to Sell the Property

Scott Hurley

Arkansas Land & Realty, Inc. Listed on: 02/10/2015

Last Buyer's Agent

Danny Holt

McKimmey Associates REALTORS NLR

McKimmey Associates REALTORS NLR

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,217

Year Built

  • Built in 1988

Lot Details

  • 1.58 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 21,906 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Cable TV Available

Community Details

  • 46 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,217

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Apartments
  • Zoning: MF
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Floors: Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Dishwasher, Disposal

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Electric-Municipal, Sewer-Public, Tv-Cable, Water-Public
  • Heating And Air Cond: Window Units

Lot Info

  • Estimated Lot Size: 1.58
  • Estimated Lot Size: 68,825
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: Electric
  • Maximum Rent One Bedroom: 410
  • Minimum Rent One Bedroom: 350
  • Number Of One Bathroom Unitss: 46
  • Number Of One Bedroom Units: 46
  • Number Units: 46

Tax Info

  • Annual Taxes: 5217

Range of Values:

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Average Value
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List Price
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
10/02/2015 10/02/15 Sold $480,000 -26.2% $22 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $650,000 -- $30 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Hurley

    Seller's Agent in 2015

    Scott Hurley

    Arkansas Land & Realty, Inc.

    (501) 240-0049

    124 Total Sales

    Scott Hurley
    Section Image

  • D

    Buyer's Agent in 2015

    Danny Holt

    McKimmey Associates REALTORS NLR

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 15004268

Cooperative Arkansas REALTORS® MLS
Arkansas Pulaski County Jacksonville 72076

306 S Jp Wright Loop Rd, Jacksonville, AR

This home is located at 306 S Jp Wright Loop Rd, Jacksonville, AR 72076 since 10 February 2015. This property was built in 1988. 306 S Jp Wright Loop Rd is a home located in Pulaski County with nearby schools including Jacksonville Elementary School, Jacksonville Middle School, and Jacksonville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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