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818 W 28th Ave, Pine Bluff, AR 71603

$899,900
•
—
bed
—
bath

Multi-family for sale 27 days

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About 818 W 28th Ave

Property type Multi-family

Neighborhood

Year built 1995

HOA fee $0/month

Lot size 0.83 Acre

Movoto estimate

Rental estimate

Property description

Introducing a prime investment opportunity in Pine Bluff, AR! This impressive property, located at the intersection of 28th and Elm, boasts a spacious 35,000 SF building, comprising 29 units perfectly suited for multifamily or high-rise development. With a prime location in the thriving Pine Bluff area, this property presents a compelling investment prospect for those seeking to capitalize on the growing demand for urban living spaces. Offering ample space and potential for customization, this property is poised to meet the needs of discerning investors looking to make their mark in this dynamic real estate market.

Listed by

Listing Agent - Nathan Hutchins

Listing Office - ArkBest Realty, Inc.

Source: CAR MLS

MLS#26021082 • last updated 2 weeks ago

Movoto checked CAR MLS for data 3 minutes ago

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Overview
Levels/Style	Built To Suit
Status	Active
SqFt	35000
Type	Multi-Family
SubType	Apartments
MLS #	26021082
Lot Size (Acres)	0.83
Annual Taxes	1013050
Listing Agent Contact	Nathanh@arkbestrealty.com, 501-912-3660
Listing Office Contact	501-374-7222, Arkbest@arkansas.net
Listing Office	ArkBest Realty, Inc.
New Construction?	No
Year Built	1995
Listing Agent	Nathan, Hutchins

Interior
Kitchen	Built-In Stove, Disposal, Refrigerator-Stays
Basement	None
Flooring	Vinyl
Walls	Sheet Rock, Wood
Interior Features	Other (see Remarks)

Exterior
Foundation	Slab
Exterior	Other (see Remarks)
Roofing	Architectural Shingle
Garage/ Parking	None
Exterior Features	Guttering, Dumpster, Wood Fence
Lot Desc	Level

Amenities / Utilities
Utilities	Sewer-Public, Water-Public
Green Features	Insulated Windows, Ridge Vents/Caps
Amenities	Partially Furnished

Location
County	Jefferson
Area	PINE BLUFF (CENTRAL)
Subdivision	Tomlinson
APN	930-64383-000 & 930-64382-000
Directions	From Interstate 530 South, Continue Onto US-65 South Toward Pine Bluff. Take The Exit Toward West 28th Avenue And Continue West Approximately 1.5 Miles. The Property Will Be Located On The South Side Of W 28th Avenue.
Zoning	MF

Multifamily Details
# of 1-Bath Units	9
2-BR: Max Rent	615
2-BR: Min Rent	550
1-BR: Max Rent	585
Tenant Pays	Cable, Electric, Other (see Remarks)
# of 2-Bath Units	20
1-BR: Min Rent	585
2Br # Of Units	27
1Br # Of Units	2
Total # of Units	30
Expenses Include	Taxes, Insurance, Maint./Lawn Care, Utilities, Management, Trash
Annual Operating Expenses	66202
Annual Income	133000