1. Arkansas
  2. Fort Smith
  3. 2308 Savannah Street
$756,000/mo

2308 Savannah Street, Fort Smith, AR 72903

  • 8,308 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $91/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

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.

Listing Status:
Pending
Listing Office:
Harmon Real Estate Company : 479-763-1288
MLS ID:
1067140

This listing courtesy of Harmon Real Estate Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carnall Elementary School

2524 Tulsa St, Fort Smith, AR, 72901

Grades PK-6

0.19 miles away

R

Ramsey Junior High School

3201 Jenny Lind Rd, Fort Smith, AR, 72901

Grades 7-9

1.15 miles away

S

Southside High School

4100 Gary St, Fort Smith, AR, 72903

Grades 10-12

1.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.