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Welcome to Summit Terrace Apartments. This 23 unit value add opportunity has unique features that residents love and well located to major fare ways and schools. Unit features include eat in kitchens, vinyl flooring, backsplashes in select units, privacy fenced patio areas, and sliding patio doors. Summit Terrace Apartments host 22 one bedroom, one bath units and 1 two bedroom, one bathroom townhome. Amenities include a laundry room that needs plumbing and flooring repair, and could offer an additional income stream for new ownership. The average in place rent is $436. Based on our rental market survey, there are properties within close proximity achieving $164 rent premium. Pro Forma available upon request.

Listing ID1063763
Price$1,035,000
StatusActive
Acres 0.630
CountySebastian
SubdivisionHawthorne Place
Property TypeResidential
Property Sub TypeApartment

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Jimmy Bell Real Estate
Address: 1031 Fayetteville Road
Van Buren, AR 72956
United States
Phone: 479-474-9200

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