NOT LISTED FOR SALE
-- Bed
1 Bath
58,622 Sq Ft
4.36 Acre Lot

Sale Details

Date Sold: July 24, 2025

Last sale price $3,600,000 $61 Per Sq Ft

13 Days on Market

Highlights

  • 4.36 Acre Lot
  • Brick or Stone Mason
  • Carpet
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of July 2025

Rare Opportunity to acquire a class B 50 unit townhome apartment community. Spread across 4.36 acres with over 2 parking spots per unit. 28- 3 bed/1.5 bath, 12- 2 bed/ 1.5 bath, 6 oversized 2 bed/ 1.5 bath, & 4- 4 bed/ 2 bath. All units are total electric with washer/ dryer connections. Large office/ storage room with two half baths and kitchen. Complex averages between 96-100% occupancy. Current management in place and would stay for new buyer making for a seamless transaction. All roofs were replaced a few years ago. 27 central heat/ air units were replaced in 2025, and all others were replaced a few years ago. Much of the complex has been updated with LVP flooring. Easy complex to manage with low maintenance. Complex is called Kingston Ct. Feel free to call with any questions. Owner/ Broker. Travis 479-651-4528. Can also call Brian at 479-629-0657 for any questions.

Last Agent to Sell the Property

Travis Brown

Matthew Yancey Insurance & Real Estate, Inc. License #EB00054546 Listed on: 05/12/2025

Last Buyer's Agent

Aziz Alshareef

Keller Williams Platinum Realty License #SA00086145

Keller Williams Platinum Realty
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $21,655

Year Built

  • Built in 1993

Lot Details

  • 4.36 Acre Lot
  • Aluminum or Metal Fence
  • Corner Lot

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 58,622 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • On-Street Parking

Location

  • City Lot

Schools

  • Northside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 17812-0002-00000-00

Community Details

Overview

  • 50 Units
  • Sutton Estates #5 Subdivision

Building Details

  • Gross Income $488,952

Property Details

Home Type

Apartment

Est. Annual Taxes

$21,655

Year Built

Built in 1993

Lot Details

4.36 Acres

Listing Details

  • Reso Property Sub Type: Apartment
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Corner Lot, City Lot
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: F3621
  • Subdivision Name: Sutton Estates #5
  • Directions: Corner of Albert Pike and Kelley Hwy. Gated community behind Deans carpet. Kingston Court.
  • Carport Y N: No
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Roof: Architectural, Shingle
  • Year Built Details: 25 Years or older
  • Year Built: 1993
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1993

Interior Features

  • Appliances: Electric Water Heater
  • Stories: 2

Exterior Features

  • Fencing: Metal
  • Acres: 4.36
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes

Schools

  • Ninth Grade High School: Northside

Lot Info

  • Lot Dimensions: 4.36
  • ResoLotSizeUnits: Acres
  • Parcel #: 17812-0002-00000-00

Multi Family

  • Number Of Units In Community: 50
  • Annual Gross Income: 488952.0

Tax Info

  • Tax Annual Amount: 21655.0
  • Tax Block: .
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2025
Closed on
Jul 23, 2025
Sold by
Bought by
Seller's Agent
Travis Brown
Matthew Yancey Insurance & Real Estate, Inc.
Buyer's Agent
Aziz Alshareef
Keller Williams Platinum Realty
List Price
$3,900,000
Sold Price
$3,600,000
Premium/Discount to List
-$300,000
-7.69%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,445,000
Interest Rate
6.84%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 17, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 9, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,515
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 20, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,698,167
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,727
Interest Rate
4.74%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 15, 1993
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,600,000 Land Title
$1,850,000 Lenders Title Co
$1,490,000 None Available
-- None Available
-- Bankers Title
$1,500,000 Guaranty Abstract
-- Western Arkansas Title Servi
$88,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,430,000
Closed $4,445,000
Previous Owner $2,600,000
Previous Owner $1,000,000
Previous Owner $1,448,000
Previous Owner $1,500,000
Previous Owner $1,237,515
Previous Owner $2,698,167
Previous Owner $861,297
Previous Owner $750,000
Previous Owner $50,000
Previous Owner $812,727
Closed $830,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2025 07/24/25 Sold $3,600,000 -7.7% $61 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
05/12/2025 05/12/25 For Sale $3,900,000 -- $67 / Sq Ft
Source: Western River Valley Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $48,239 $830,855 $75,968 $754,887
2024 $19,582 $372,990 $56,980 $316,010
2023 $21,655 $372,990 $56,980 $316,010
2022 $21,655 $372,990 $56,980 $316,010
2021 $21,655 $372,990 $56,980 $316,010
2020 $21,655 $372,990 $56,980 $316,010
2019 $24,384 $420,000 $28,490 $391,510
2018 $18,943 $420,000 $28,490 $391,510
2017 $15,812 $420,000 $28,490 $391,510
2016 $26,389 $502,650 $28,490 $474,160
2015 $26,389 $502,650 $28,490 $474,160
2014 $11,978 $228,160 $34,240 $193,920
Source: Public Records

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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1080901

APN: 17812-0002-00000-00

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