$ 1,900,000
305 S Border Street Benton, AR 72015
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,900,000
Est. payment /mo
Price Dropped by $200K
305 S Border Street Benton, AR 72015
17,664 SqFt
UPDATED:
10/31/2024 06:22 AM
Key Details
Property Type Commercial
Sub Type Business, Bldg and Land
Listing Status Active
Purchase Type For Sale
Square Footage 17,664 sqft
Price per Sqft $107
Subdivision Not In Subdivision
MLS Listing ID 24024868
Style Traditional
Year Built 1990
Lot Size 1.000 Acres
Acres 1.0
Property Description
Perfectly maintained and updated, minutes from downtown and blocks away from freeway access. Fantastic opportunity to start or build an investment portfolio as property has been well kept with excellent tenants. Easy to rent. Updates include: 1.) 6 exterior stairwell / decks have been replaced and painted. 2.) Exterior concrete scraped and painted around all units. 3.) 49 windows have been replaced 4.) Fence added along the drainage ditch 5.) 15 new HVAC units 6.) 12 Water heaters 7.) A new sump pump was installed to improve drainage. 8.) 30 various appliances (refrigerator, washer, dryer, stove, dishwasher) 9.) 12 apartments have new open floor plans and have been completely remodeled within the last 5 years, including upgraded counter tops lighting, cabinets and flooring. 11 apartments have original floor plans and have been completely remodeled, (no upgrade to cabinets or counter tops but floors and paint done). 2 units have tenants that have lived in the units for over 5 years and no recent upgrades have been made. The average rent has gone from 550 monthly to 800 monthly.
Location
State AR
County Saline
Area Benton
Interior
Heating Central Cool-Electric, Central Heat-Gas
Flooring Other (see remarks)
Exterior
Exterior Feature Dumpster, Video Surveillance
Garage Spaces 24.0
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
Roof Type Composition
Building
Lot Description Level
Foundation Slab
New Construction No
Listed by Bailey & Company Real Estate • Lindsey Blaylock