713 N 7th Street, Van Buren, AR 72956
- 23,520 sqft
Rental
Built in 1979
1.15acre lot
—— car garage
$94/sqft
Listed 2 months ago
Property Description
Hillside Townhomes offer a rare opportunity to own a well-established multi-family property that combines recent capital improvements with continued value-add potential in Van Buren, one of Arkansas's most desirable locations. Featuring 24 spacious two-story townhomes, each thoughtfully designed with 2 bedrooms and 1.5 bathrooms. Recent property improvements include updated roofing and select renovated units, demonstrating the owner's commitment to maintaining quality while providing the new investor with immediate rental-ready income and a clear roadmap for continued value-add. The remaining units present an excellent opportunity for strategic improvements, allowing investors to bump rents and property value through strategic upgrades. Each unit maximizes space with its two-story layout, featuring two comfortable bedrooms on the upper level and a full bathroom upstairs plus a convenient half-bath on the main floor. The open-concept main living areas are perfect for modern lifestyles, while private entrances give each unit a distinctive single-family home appeal that tenants love and pay premium rents to enjoy. Located on prime N 7th Street in Van Buren, this property enjoys close proximity to schools, shopping, and dining establishments. The location provides easy access to major highways and Fort Smith, positioning residents in the growing River Valley market with strong rental demand. The established neighborhood offers excellent community appeal and long-term stability. This turnkey property represents an exceptional chance to acquire a substantial multi-family asset in Van Buren's thriving rental market. With recent improvements already completed and additional value-add opportunities clearly identified, Hillside Townhomes offers both immediate cash flow from updated units and significant upside potential through continued strategic improvements. Perfect for investors seeking a well-positioned, income-producing property with proven improvement potential.
- Listing Status:
- Active
- Listing Office:
- Strategic Realty : 479-262-6655
- MLS ID:
- 1083879
- General: Concrete Driveway
- Parking: AssignedAsphalt
- Roofing: ArchitecturalShingle
- General: BrickVinyl Siding2Slab
- Road/Access: Paved
- Originating MLS: FSM_FSM
- School District: Van Buren
- County: Crawford
- Zoning: PT BLK 1 NE700-09314-000-C
- Fencing: None
- Utilities: Electricity Available
- Source: FSM_FSM
This listing courtesy of Strategic Realty
Location
Schools Nearby
Parkview Elementary School
605 Parkview St, Van Buren, AR, 72956
Grades KG-5
0.36 miles away
Butterfield Trail Middle School
310 N 11th St, Van Buren, AR, 72956
Grades 6-8
0.45 miles away
Van Buren Freshman Academy
821 E Pointer Trl, Van Buren, AR, 72956
Grades 9-9
1.05 miles away