$2,200,000/mo

713 N 7th Street, Van Buren, AR 72956

  • 23,520 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon1.15acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $94/sqft
  • Property List Date Icon 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
  • Appliances: Electric Water Heater
  • Laundry: Electric Dryer Hookup
  • Basement: None
  • Flooring: CarpetCeramic TileVinyl
  • A/C: Central AirDuctlessElectricWindow Unit(s)
  • Heating: CentralDuctlessElectric
  • 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

P

Parkview Elementary School

605 Parkview St, Van Buren, AR, 72956

Grades KG-5

0.36 miles away

B

Butterfield Trail Middle School

310 N 11th St, Van Buren, AR, 72956

Grades 6-8

0.45 miles away

V

Van Buren Freshman Academy

821 E Pointer Trl, Van Buren, AR, 72956

Grades 9-9

1.05 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.