6837 Hwy 126
Midway,
AR
72651
Property Details
| List Price: |
$580,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
19000 |
| Agency: |
GILBERT REALTY CO |
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Description/Comments
| Lot Size: |
-- |
| Property Type: |
Commercial |
| Year Built: |
-- |
| Notes: |
10% CAP Rate with two tenants. One with leasehold and another long-term tenant. Investment grade property with plenty of upside! 7.09 ac parcel with 2 outbuildings. Leasehold tenant (EZ Loader) is in front 19,000 sq ft building. Back building occupied by Uniforce is 10,000 SF fully occupied and currently a month to month, long term tenant. This parcel would be purchased subject to the lease and the income stream. Current Net income for both tenants is $58,003 asking $580,000 at a 10% CAP Rate. In addition, 2 adjacent parcels avail. Parcel #115 has 4.18 ac with a 4,000 SF prefab metal flex building w/2 small month to month tenants plus frontage parcel #211 (2.82ac) for $200,000. This 3 parcel assemblage w/Hwy frontage is approx 14.08 ac. Good cash flow with opportunity for much more plus development land. Price to sell separately or as whole. Income statement avail. Individual property purchases to be priced separately. |
| MlsNumber: |
127869 |
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| Listing Provided By: |
GILBERT REALTY CO, original listing |
| Name: |
GILBERT REALTY CO |
| Phone: |
(870) 425-6282 |
| Office Name: |
ERA DOTY REAL ESTATE MOUNTAIN HOME |
| Office Phone: |
(870) 425-6282 |
| Agent Name: |
BILL CALLER |
| Disclaimer: |
Copyright © 2024 North Central Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
