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2308 Savannah Street Fort Smith, AR $ 756,000
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$ 756,000 Get more info
2308 Savannah Street
$ 756,000
Back to search
Share Save

2308 Savannah Street

Fort Smith, AR, 72903
$ 756,000
Baths0.0 Sq 8,308

Monthly Estimate*

$ 5,025

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Studio

Multi-Family Home for sale in Fort Smith, AR

for $756,000. This 8,308 square foot home was built on a lot size of 0.5.

The Pines on Savannah, located at 2308 Savannah Street Fort Smith, AR, is a premier 12 unit investment opportunity. This garden style apartment complex has been remodeled from top to bottom and has a proven track record of steady rent collection. The current ownership group has streamlined operations and rent collection online. Rents have been raised from $485 average to $687 average within 12 months. Based on rental comparables, there seems to be more room to increase the average with time. The unit mix consist of 7 one bedroom/one bathroom ($567 average) units and 5 two bedroom/one bathroom ($806 average) units. The on-site laundry room has been renovated and adds to the net income consistently. Showings will be conducted on scheduled tour dates. Please do not disturb the residents.

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Multi-Family Pending

Price

$ 756,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,947

Style

Apartment

Lot Size

0.5

Town/City

Fort Smith

County/Region

Sebastian

MLS | Web ID

1067140
Features
General
Heating Electric
Cooling Electric
Roof Architectural Shingle
Appliances ElectricWaterHeater
Exterior Features ConcreteDriveway
Security Features None
Construction Materials Brick
Stories 2
Levels Two
Property SubType Apartment
Gross Income 82065.0
County Sebastian
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Mazzard Tracts
Garage Y/N N
Status Pending
Directions From Phoenix Ave. turn S on S 24th St. Turn W on Savannah St.
City Fort Smith
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 0
Lot Size Units Acres
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Savannah
Property Attached Y/N N
Year Built Details Age Unknown
Land Lease Y/N N
Tax Annual Amount 2947.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/2308-Savannah-Street-Fort-Smith-AR-72903/unbranded
Days on Market 41
Standard Status Pending
Year Built Source PublicRecords
Tax Lot 44
Property Sub Type Additional Apartment MultiFamily
Legal Description E/2 LT 44
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Interior
Flooring Vinyl Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features ElectricDryerHookup
Electric On Property Y/N N
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Exterior
Fencing BackYard
Parking Features Assigned
Lot Features Subdivision
Lot Size Area 0.5
Foundation Details BrickMortar
Spa N
Lot Dimensions 72x301
Lot Size Acres 0.5
Covered Spaces 0.0
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2308
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* Excluded Features
List By
Harmon Real Estate Company

Broker

joshua@harmonrealestatecompany.com

Email

Affordability Calculator

$5,270
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,025
Monthly Property Taxes
$246
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2624201 Elementary School
2624346 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/24/2023$756,000 Listed Price

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2308 Savannah Street, Fort Smith, AR, 72903 is a Multi-Family Home for sale at $756,000 with 8,308 sqft and a lot size of 0.5. 2308 Savannah Street is a studio with 0.0 baths. The property's zip code is 72903 which is in Fort Smith, AR

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