Over the past year current ownership has evicted non-paying tenants during COVID, renovated 8 of the 18 apartments, pushed rents in the submarket, and invested heavily into CapEx. • New ownership has the opportunity to finish renovating the units, continue implementing utility bill backs, and cut operating expenses • New ownership can finish renovating and leasing up the remaining units to achieve a Gross Potential Rent of $12,400 per month
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Pulaski County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 29, 2023.
R5
Urban Residence District
The R-5 urban residence district is established in order to provide for high-density residential uses and the conversion of existing residential structures at a density of not more than 36 units per gross acre. It is the intent of this chapter that the district be located in or near the central portion of the city and other carefully selected areas where public utilities, community facilities and other services are adequate to support high-density residential development. In such situations, this district may be used as a transitional or buffer zone between lower-density residential districts and nonresidential development. Within the R-5 district, all buildings, structures or uses having commercial characteristics shall be excluded, whether operated for profit or otherwise. Accessory uses, conditional uses and home occupations expressly provided for in this chapter, however, shall be allowed, provided they do not have objectionable characteristics, and provided further that they otherwise conform to the specific provisions of this chapter.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Property details
Parking
Parking Information
Garage: Other (See Remarks)
Interior
Room Information
Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator Stays
Interior Features
Floors: Partial Carpet, Laminate, Luxury Vinyl
Heating & Cooling
Central Cooling (Electric), Central Heat (Electric)