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1400 Jacobs Avenue, Fort Smith, AR 72908

$1,550,000
  • 1400 Jacobs Avenue, Fort Smith, AR 72908 Main Photo

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Active
SQUARE FEET15,920 MLS#1323027
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Fantastic investment opportunity with this 18-unit multi-family complex featuring a strong rental history and well-maintained buildings. Building 1 offers 10 spacious 2-bedroom, 1-bath units totaling 8,512 sq.ft. Built in 1987, each unit is equipped with central heat and air, washer/dryer hookups, and refrigerators. Current monthly rental revenue is $7,050. Building 2, constructed in 2021, adds 8 modern units with high-end finishes. Four units feature 2 bedrooms and 2 baths, while the remaining four are 1-bedroom, 1-bath layouts. These units showcase granite countertops, tile flooring, central heat and air, and washer/dryer hookups. Total building size is 7,408 sq. ft. with a current monthly rent roll of $6,650. Together, this complex combines established cash flow with newer construction for reduced maintenance and long-term value.

1400 Jacobs Avenue | MLS# 1323027

This commercial property located at 1400 Jacobs Avenue, Fort Smith, AR 72908 is currently listed for sale with an asking price of $1,550,000. Search Fort Smith real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, Electric
Heating: Central
Lot Size: 0.85 Acres
Roof Type: Architectural, Shingle
Stories: 2.0
Year Built: 1987

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 161
Exterior: Brick
Lot: Neighborhood
Parcel#: 10741-0001-00008-00
Units: 18
Utilities: Electricity Available, Sewer Available, Water Available

Listed By / Shown By

Listed By

Agency Name: Keller Williams Platinum Realty

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: NWAKBOR MLS

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