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For Sale

101 S Locust Street

101 S Locust Street, Searcy, AR 72143

$985,000

Excellent investment opportunity just one block from Downtown Searcy and only minutes from Harding University! This 16-unit multifamily property features all one-bedroom, one-bath apartments averaging approximately 530 square feet each. The property is currently 100% occupied, with rents ranging from $450 to $625 per month and current scheduled rents totaling $8,950 per month ($107,400 annualized). Recent leases reflect rents as high as $625 per month, offering continued potential as leases turn over. With a convenient location near downtown, Harding University, shopping, dining, and other Searcy amenities, this is a great opportunity to add an established, income-producing multifamily property to your portfolio. See Agent Remarks for additional financial information.

Studio

0.34 Acres lot

Dylan Johnston

title Real Estate Agent
PHONE (501) 628-2838
EMAIL [email protected]
DRE # SA00101093

Features & Amenities

Interior

total bedrooms0
Flooring Tile, Vinyl
APPLIANCES Electric Range, Refrigerator-Stays

Area & Lot

Status For Sale
Lot Area0.34 Acres
MLS® ID26037374
TypeMulti-Family
YEAR BUILT1980
NeighborhoodSearcy
Architecture StylesTraditional

Exterior

utilitiesSewer-Public, Water-Public, Electric-Municipal
roofArchitectural Shingle
lot featuresLevel, Corner Lot
parkingParking Pads
SubstructureSlab
other exterior FeaturesPartially Fenced

Financial

Sales Price$985,000
Real Estate Tax $2,000/yr
Zoning Commerical

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Thank you for your interest in 101 S Locust Street, Searcy, AR 72143. We are reviewing your request and will be in touch shortly!

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