Joe Capital Group
Listed by Joe Capital Group
$980,000
416 Campbell St
Details
APN 400-22100-002-000C
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,656
Units 12
Cap Rate 7.07%
Class C
Year Built 2003
Stories 2
Acreage 0.850
Parking Spaces 3.11 per 1,000 sq ft
Investment Type Value Add
Sale Condition 1031 exchange
416 Campbell St, Hot Springs, AR 71913
Investment highlights
- Immediate value-add through rent normalization and interior updates
- Paved off-street parking
- Owner expenses limited to trash and minimal common-area electric (parking lot light)
- Less than one hour commute to both Little Rock and Bill and Hillary Clinton International Airport
- Strong population growth
- Home of Oaklawn Racing Casino and Resort, which hosts the Arkansas Derby, Rebel Stakes, Oaklawn Handicap, and other horse racing events
Listing Contacts
Joe Capital Group
Listed by Joe Capital Group
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