NOT LISTED FOR SALE

311 Hammons Ave Berryville, AR 72616

-- Bed
-- Bath
4,088 Sq Ft
0.34 Acres

Last Sold June 29, 2018

Last sale price $232,500 $57 Per Sq Ft

141 Days on Market

About This Home

As of June 2018

Great Income Producing Building. 13.7 Cap Rate. 100% occupied. Opportunity for income growth. Low operating expenses. Utilities paid by tenants

Last Agent to Sell the Property

Ethan Tisdale

Steve Fineberg & Associates License #SA00079688 Listed on: 01/08/2018

Last Buyer's Agent

Robin Milam

All Seasons MW Realty License #EB00060856

All Seasons MW Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1988

Lot Details

  • 0.34 Acre Lot
  • Property fronts a highway

Parking

  • No Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 4,088 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Water Heater

Community Details

Overview

  • 6 Units
  • Berryville Outlots Subdivision

Building Details

  • Gross Income $37,620

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,725

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Frontage Type: Highway
  • Subdivision Name: Berryville Outlots
  • Directions: From Eureka Springs, West on Hwy 62 toward Berryville. North on Hammons Rd. Property is on the East side of the Street.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 25 Years or older
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Apartment,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Appliances: Water Heater
  • Basement YN: No
  • Flooring: Carpet
  • Living Area: 4088.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Other, See Remarks
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Other, See Remarks

Garage/Parking

  • Parking Features: None, Asphalt

Utilities

  • Security: Fire Alarm
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Other

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Annual Gross Income: 37620.0

Tax Info

  • Tax Annual Amount: 1725.0
  • Tax Block: N/A
  • Tax Lot: N/A

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 Change Sq Ft Price
06/29/2018 06/29/18 Sold $232,500 -7.0% $57 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $249,900 -- $61 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1068975

Northwest Arkansas Board of REALTORS®