Arkansas MULTI-LIST
Homes, Land, Farms and Commercial Properties for Sale
Return To Search Results
Fox Run Rd.
Mountain View AR 72560
main photo More Photos

$439,000
View Calculated Payment

Listing ID: OP-1065

Property Type

Bedrooms

Bathrooms

Half Baths

Square Foot

Lot Size/Acres

County

Commercial

 

0.00

 

 

1.50

Stone

Print Listing

Share On:
Property Details
Investment opportunity in Mountain View...Six rental cottages in town at the end of Fox Run Rd. Very quiet and peaceful setting! Each cottage has a covered porch, hardwood floors, a metal roof and wood exterior. The owner has taken great pride in keeping the cottages in great condition! RENTAL: Most all of the cottages have six months to twelve months leases in effect and there's a long list of people waiting for one to come available. The six cottages rent for $495 per month each (that's $35,640 per year) and it's time for an increase in rent. FEATURES INCLUDE: *City water *End of the road setting *Low maintenance *Waiting list for vacancies *Excellent return on investment PRICE: $439,000 RETURN ON INVESTMENT: Price>>>>>>>>>>$439,000 Annual rental income>>$36,000 Return on Investment>>>>8.1% An 8.1% return on investment in real estate is a whole lot better than having your money in today's stock market or in a C.D.
Room Dimensions / Floor Coverings / Location
Water System: City/Rural

Listed by: Joey Burch - Outdoor Properties (Joey Burch, Broker)
Outdoor Properties
820 E. Webb Street
Mountain View, AR 72560
870-269-3378
http://www.outdoorproperties.com
Call Joey Burch Today!
501-454-1782

Listing Agent
Joey Burch
Broker
501-454-1782

Visit My Website
View Stone County Info
View Mountain View Info
View Larger Map