NOT LISTED FOR SALE

433 Bradley 916 Rd Warren, AR 71671

-- Bed
16 Baths
29,280 Sq Ft
5 Acres

Last Sold December 07, 2023

Last sale price $2,500,000 $85 Per Sq Ft

63 Days on Market

Highlights

  • 5 Acre Lot
  • Community Playground
  • Picnic Area
  • Traditional Architecture
  • Resident Manager or Management On Site
  • Central Heating and Cooling System

About This Home

As of December 2023

Introducing Warren Manor, a prime opportunity for astute real estate investors. This well maintained apartment complex in Warren, Arkansas has 32 units (4 Buildings), each designed for optimal rental income. Located in a high-demand area, Warren Manor offers a secure and lucrative investment option. It has a space within the 5 acre lot to build another apartment building. Rents are currently below market, so with a track record of strong cash flow and potential for long-term appreciation, this property is a valuable addition to any investment portfolio. New Roof (1 Year old), Washer/Dryer hookups in every unit. All Utilities are electric, no gas (Separate meters), Tenant pays all utilities, Playground, Management Office and Manager Apartment, Empty lot for adding another building or an open park, 14 Units have tenants on Section 8, Rents are currently below market, The management has a wait list of potential future tenants. See Agent Remarks

Last Agent to Sell the Property

Sergio Convers - RE Consultant

Capital Real Estate Advisors Listed on: 10/03/2023

Last Buyer's Agent

Sergio Convers - RE Consultant

Capital Real Estate Advisors Listed on: 10/03/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,239

Year Built

  • Built in 1999

Lot Details

  • 5 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 29,280 Sq Ft Home
  • 2-Story Property
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Stove

Flooring

  • Laminate
  • Vinyl

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 733-00038-000

Community Details

Recreation

  • Community Playground

Additional Features

  • 32 Units
  • Picnic Area
  • Manager's Unit
  • Resident Manager or Management On Site

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,239

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 10/03/2023
  • Price Per Sq Ft: 85.38
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Apartments
  • Zoning: R7
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Floors: Vinyl, Laminate
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric
  • Kitchen Equipment: Built-In Stove, Electric Range

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 5
  • Estimated Lot Size: 217800
  • Lot: Level
  • Parcel Number: 733-00038-000

Rental Info

  • Lease Type: Yearly

Multi Family

  • Annual Expenses: 31320
  • Tenant Expenses: All Utilities, Electric, Water, Sewer
  • Maximum Rent One Bedroom: 518
  • Maximum Rent Three Bedroom: 948
  • Maximum Rent Two Bedroom: 688
  • Minimum Rent One Bedroom: 475
  • Minimum Rent Three Bedroom: 600
  • Minimum Rent Two Bedroom: 540
  • Number Of One Bathroom Unitss: 32
  • Number Of One Bedroom Units: 1
  • Number Of Three Bedroom Units: 16
  • Number Of Two Bedroom Units: 15
  • Number Units: 32

Tax Info

  • Annual Taxes: 12239
  • Year: 2022

Range of Values:

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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
12/07/2023 12/07/23 Sold $2,500,000 0.0% $85 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $2,500,000 -- $85 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sergio Convers - RE Consultant

    Seller's Agent in 2023

    Sergio Convers - RE Consultant

    Capital Real Estate Advisors

    (501) 266-0007

    1 in this area

    24 Total Sales

    Sergio Convers - RE Consultant
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23031456

Cooperative Arkansas REALTORS® MLS
Arkansas Bradley County Warren 71671

433 Bradley 916 Rd, Warren, AR

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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