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Hawthorne Apartments 310 Hawthorne St

5 Unit Apartment Building $759,586 CAD ($151,917 CAD/Unit) 7.55% Cap Rate Hot Springs, AR 71901

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INVESTMENT HIGHLIGHTS

The apartments are open floor plan with high ceilings.

Income producing property with new flooring, paint, light fixtures, ceiling fans, 4-security cameras with 24 hour a day recording.

EXECUTIVE SUMMARY

Income producing property with new flooring, paint, light fixtures, ceiling fans, 4-security cameras with 24 hour a day recording. The new electrical service installed with 36" inch electrical heads above the roof. New smoke detectors and Carbon Monoxide detectors installed, seller holds a Arkansas real estate license buyers must have a pre-approval letter or proof of funds of purchase price to view the property. Seller is. retiring from the rental business. Great opportunity for the right buyer.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access	ANNUAL (CAD)	ANNUAL PER SF (CAD)
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual	$99,999
Annual Per SF	$9.99

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$99,999
Annual Per SF	$9.99

Taxes (CAD)
Annual	-
Annual Per SF	-

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income (CAD)
Annual	$99,999
Annual Per SF	$9.99

PROPERTY FACTS

Price	$759,586 CAD	Building Class	C
Price Per Unit	$151,917 CAD	Lot Size	0.12 AC
Sale Type	Investment	Building Size	3,523 SF
Cap Rate	7.55%	Average Occupancy	100%
No. Units	5	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1920/2019
Property Subtype	Apartment	Parking Ratio	1.42/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$759,586 CAD
Price Per Unit	$151,917 CAD
Sale Type	Investment
Cap Rate	7.55%
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.12 AC
Building Size	3,523 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	1920/2019
Parking Ratio	1.42/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.