201 East Main Street

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201 East Main Street

Heber Springs, AR 72543
Asking Price
$775K
Cap Rate
5.78%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Income-producing mixed-use property with 15 units and redevelopment potential. <p>βœ… Multiple Income Streams</p><p>15 occupied studio apartments</p><p>Established restaurant tenant with annual lease</p><p>Coin-operated laundry income</p><p>Potential event, hospitality, or lounge revenue</p><p>Transferable liquor license included</p><p>βœ… 100% Residential Occupancy</p><p>Immediate cash flow from day one</p><p>Reduced lease-up risk</p><p>Demonstrates strong rental demand in downtown Heber Springs</p><p>βœ… Historic Downtown Location</p><p>Located on Main Street in the heart of d

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NOI
$80,000
Cap Rate
10.32%
DSCR
1.74
Strong
Cash-on-Cash
14.62%
Monthly Payment
$3,834.277
Annual Cash Flow
$33,988.674

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