2308 SAVANNAH ST
FORT SMITH, AR 72901
$756,000
N/A Beds
0 Baths
8,308 Sq Ft
Status Pending
MLS# 1067140
The Pines on Savannah, located at 2308 Savannah Street Fort Smith, AR, is a premier 12 unit investment opportunity. This garden style apartment complex has been remodeled from top to bottom and has a proven track record of steady rent collection. The current ownership group has streamlined operations and rent collection online. Rents have been raised from $485 average to $687 average within 12 months. Based on rental comparables, there seems to be more room to increase the average with time. The unit mix consist of 7 one bedroom/one bathroom ($567 average) units and 5 two bedroom/one bathroom ($806 average) units. The on-site laundry room has been renovated and adds to the net income consistently. Showings will be conducted on scheduled tour dates. Please do not disturb the residents.
Details for 2308 SAVANNAH ST
$91 / Sq Ft
Electric
Electric
268 Days on website
0.5 acres lot