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4700 Morton Drive
Jonesboro, AR 72401
Asking Price
$1.75M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
18 unit Apartment Complex <p><span style="color: rgba(34, 34, 34, 1)">Well-maintained newer apartment complex featuring 6 attractive brick buildings with durable concrete floors and updated interior finishes throughout. All buildings had new roofs in 2025. This income-producing property consists of 18 total units, including 15 two-bedroom units and 3 one-bedroom units, with average rents exceeding $1,000 per month.</span></p><p><span style="color: rgba(34, 34, 34, 1)">Individually metered units provide an excellent oppor
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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542
