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Sold on 07/10/2019

1304 Industrial, Trumann, AR 72472

  • $1,752,000

    Last sold 07/10/2019 for $1.25M

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1304 Industrial

Property type Multi-family
Neighborhood
Year built 1997
HOA fee $0/month
Lot size 3 Acre
Movoto estimate
Property description
Magnolia Estates sits on 3 acres in Trumann and has 19 two bedrooms and 4 three bedrooms. They are 100% occupied and have a common parking area in front of each unit. More than half of the units have new stoves, new refrigerators, updated flooring, and new light fixtures There is a office in the first unit for an on site property manager. This property has been well kept and would be a great investment.
Listed by
Listing Agent - Ryan George
Listing Office - Coldwell Banker Village Communities
Source: CAR MLS mls logo
MLS#18034796 • last updated 7 years ago
Movoto checked CAR MLS for data 7 minutes ago
Overview
Levels/Style Traditional
Status Sold
SqFt 2304
Type Multi-Family
SubType Apartments
MLS # 18034796
Lot Size (Acres) 3
Annual Taxes 5166.18
Listing Agent Contact Ryangeorge72471@gmail.com, 870-974-1249
Listing Office Contact 870-935-7800, Rpierson@coldwellbanker.com
Listing Office Coldwell Banker Village Communities
New Construction? No
Year Built 1997
Listing Agent Ryan, George
Buyer Agent Commisison % 2.5
Interior
Kitchen Free-Standing Stove, Refrigerator-Stays
Flooring Ceramic
Interior Features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric
Exterior
Foundation Slab
Exterior Brick, Metal/Vinyl Siding
Roofing Composition
Garage/ Parking Parking Pads
Exterior Features Dumpster
Lot Desc Level, Extra Landscaping, Not In Subdivision
Amenities / Utilities
Utilities Sewer-Public, Water-Public, Electric-Municipal, TV-Cable
Amenities Manager Office
Location
County Poinsett
Area POINSETT COUNTY
Subdivision Not In List
Elementary School TRUMANN
Middle School TRUMANN, TRUMANN
High School TRUMANN
Directions I555 S. To Trumann, Exit And Take Industrial Drive Around And Magnolia Estates Is On The Left.
Zoning Multi
Multifamily Details
2-BR: Max Rent 550
2-BR: Min Rent 500
3-BR: Min Rent 500
Tenant Pays All Utilities
# of 3-Bath Units 4
# of 2-Bath Units 19
3-BR: Max Rent 650
2Br # Of Units 19
3Br # Of Units 4
Total # of Units 23
Expenses Include Taxes, Insurance, Maint./Lawn Care, Management, Trash, Pest Control
Annual Operating Expenses 47640
Annual Income 157905
Lot/ Land Details
Road Surface Paved
$1.75M
Range: $840K-$2.66M
Last 30 days 
  • Jul 2019
    mls logo MLS # 18034796
  • Jul 10, 2019 Sold
    $1,255,000 (-5.6%)
  • Oct 31, 2018 Listed
    $1,330,000
  • 1304 Industrial
    $1.25M
  • Poinsett County
    —
  • 72472
    $168K -15% y/y
  • Trumann
    $169K -16% y/y
No chart available
Statistics calculated by Movoto

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3/10
Cedar Park Elementary School
public Grades K-5
Trumann School District
N/A
Trumann Intermediate School 5-6
public Grades 5-6
Trumann School District
5/10
Trumann High School
public Grades 8-12
Trumann School District
4/10
Trumann Intermediate School7-8
public Grades 6-8
Trumann School District
Source: GreatSchools.org © 2026. All rights reserved.

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