AR > England > Ot England City
England, AR 72046,318 E Purdon Street550
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England, AR 72046,318 E Purdon Street550
England, AR 72046,318 E Purdon Street550
England, AR 72046,318 E Purdon Street550
England, AR 72046,318 E Purdon Street550
Ryan Stephens
Ryan Stephens

Advisor | Associate Broker | License ID: AB00085905

+1(501) 551-2430

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$ 360,000

$ 360,000

Est. payment /mo
Sold on 04/28/2025

318 E Purdon Street550 England, AR 72046

16 Beds

8 Baths

4,928 SqFt

UPDATED:

Key Details

Sold Price $360,000

Property Type Multi-Family

Sub Type Apartments

Listing Status Sold

Purchase Type For Sale

Square Footage 4,928 sqft

Price per Sqft $73

Subdivision Ot England City

MLS Listing ID 25006497

Sold Date 04/28/25

Style Traditional

Bedrooms 16

Year Built 1988

Annual Tax Amount $1,683

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Apartments

Property Description

Capitalize on a rare investment value-add opportunity with this 8-unit apartment complex in a high-demand rental market. Seven units are currently occupied with month to month leases, ensuring a steady income stream right from the start. The eighth unit sets this property apart; it has been freshly painted and newly carpeted, making it move-in ready for immediate leasing or perfect for a more extensive updates to increase rental value further. This complex is an ideal choice for investors looking to enhance their portfolio through strategic upgrades and rent escalations. With strong rental demand and significant room for property improvements, this is a prime opportunity to substantially grow your investment returns. Properties with this level of potential are in short supply and high demand. Contact us today for financial details and to arrange a private tour. Secure this property before it's too late and watch your investment flourish! Agents see remarks!

Location

State AR

County Lonoke

Area England School District

Zoning R-3

Rooms

Kitchen Free-Standing Stove

Interior

Heating Central Cool-Electric, Central Heat-Gas

Flooring Partial Carpet, Vinyl

Equipment Free-Standing Stove

Exterior

Parking Features Parking Pads

Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural

Roof Type Composition

Building

Lot Description Level

Foundation Slab

New Construction No

Listed by Epique Realty • Daniel Rodriguez
Bought with Epique Realty
Ryan Stephens

Ryan Stephens

Advisor | Associate Broker | License ID: AB00085905

+1(501) 551-2430

GET MORE INFORMATION

Name
Phone*
Message

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318 E Purdon Street550