Hope Arkansas Duplex Package

517 West 5th Street Hope, AR 71801

517 West 5th Street, Hope, AR, 71801
517 West 5th Street, Hope, AR, 71801 517 West 5th Street, Hope, AR, 71801 517 West 5th Street, Hope, AR, 71801 517 West 5th Street, Hope, AR, 71801
FOR SALE
Property Type:
Other Special Purpose
Amount:
$574,000
Last Verified:
Aug 12, 2024

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Highlights

  • - 6,000 SF / 1500 SF per building
  • - 8 fully occupied rental units
  • - Constructed in 2008
  • - Prime location in Hope area
  • - Turnkey investment opportunity
  • - Strong rental history
  • - Consistent income generation
  • - Desirable amenities
  • - Well-maintained property
  • - Ideal addition to rental portfolio

Description

Presenting a lucrative opportunity for the savvy investor, this impressive property portfolio in the thriving Hope area offers a 6,000 square foot total living space - 4 buildings comprising 8 units, all fully occupied for maximum return on investment. Built in 2008, this modern complex provides a turnkey rental portfolio with a strong rental history and 100% occupancy, ensuring immediate income generation. With spacious living areas and desirable amenities, these well-maintained properties are an ideal addition to any multifamily or single-family rental portfolio. Positioned for success with its attractive features and prime location, this investment properties are ready to deliver consistent, reliable returns for the discerning investor.

Strategically located in the heart of Hope, Arkansas, this prime commercial property offers access to an array of local amenities and attractions. Investors will be pleased to find the historic President William J. Clinton Birthplace Home just minutes away, along with convenient access to dining, shopping, and entertainment options. The area boasts a vibrant business community with a range of office spaces, making it an attractive location for commercial ventures. With the renowned Hempstead County Courthouse and scenic Hope Historical Museum nearby, this dynamic neighborhood offers a rich blend of history and modern opportunities for office and office building investors.


Year Built: 2008
Building Size: 6347sq ft
Lot Size: 0 acres


Documents

Offering Memorandum
Brochure

Map of 517 West 5th Street, Hope, AR, 71801

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.