1009 Flint Street

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Excellent investment opportunity in the heart of Jonesboro! This well maintained 12-unit apartment complex is ideally located on the corner of Flint Street and Cherry Avenue, offering convenient access to shopping, restaurants, schools, and major roadways. The property consists of nine (9) 2-bedroom, 1-bath units and three (3) 1-bedroom, 1-bath units, providing a desirable mix of floor plans that appeal to a wide range of tenants. Residents enjoy the convenience of a shared on-site laundry facility with coin-operated washers and dryers, as well as private parking. The property has a strong rental history with consistent occupancy and offers significant upside potential for investors. Current rents present an opportunity for future increases, allowing a new owner to enhance cash flow and maximize returns over time. Tenants are responsible for all utilities except water, which is paid by the owner. Whether you’re looking to expand your investment portfolio or acquire an income-producing asset with value-add potential, this apartment complex is one you won’t want to miss. Financial information, current rent roll, and additional income and expense details are available upon request.

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Price:$$825,000
Address:1009 Flint Street
City:Jonesboro
County:Craighead
State:Arkansas
Zip Code:72401
Subdivision:Ragsdale
MLS:10131471
Square Feet:10,580
Acres:0.42
Lot Square Feet:0.42 acres
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