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101 & 113 Parkwood Street

Lowell, AR 72745
  • $2,000,000
  • STATUS: Active
  • ON SITE: 141 Days
  • MLS #: 1223678
UPDATED: 17 min ago
$2,000,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,955
    SQFT
  • $223
    $/SQFT
Type:
Commercial
Built:
1997
County:
Area:

School Ratings & Info

Description

INVESTMENT OPPORTUNITY! These 2 office buildings with 10 separate units, all of which are leased out, are a great investor! Located near I-49 and the business districts of Springdale and Lowell this location is hard to beat! Photos are of the common areas and bathrooms for the units. Offices in building 101 range from 168-1300 SQ/FT, Building 113 offices range from 660-1700 SQ/FT. Total of 7 AC units, 2 of which were replaced in 2022 (one in each building)! Property owner currently uses one of the office spaces and is willing to lease back the unit for $1000 per mo. Income from both buildings per month: $10,335 = $124,020 per year! Irrigation, signage and trash for both buildings is combined.

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© 2022 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McMullen Realty Group. Data last updated: 2022-11-26T20:25:47.24.
www.mcmullenrealtynwa.com/homes/130667446
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101 & 113 Parkwood Street Lowell, AR 72745

  • Price: $2,000,000
  • Status: Active
  • On Site: 141 Days
  • Updated: 17 min ago
  • MLS #: 1223678
0
Beds
0
Baths
0
½ Baths
0.48
Acres
8,955
SQFT
$223
$/SQFT
1997
Built
County:
Benton
Area:
Benton
Property Description
INVESTMENT OPPORTUNITY! These 2 office buildings with 10 separate units, all of which are leased out, are a great investor! Located near I-49 and the business districts of Springdale and Lowell this location is hard to beat! Photos are of the common areas and bathrooms for the units. Offices in building 101 range from 168-1300 SQ/FT, Building 113 offices range from 660-1700 SQ/FT. Total of 7 AC units, 2 of which were replaced in 2022 (one in each building)! Property owner currently uses one of the office spaces and is willing to lease back the unit for $1000 per mo. Income from both buildings per month: $10,335 = $124,020 per year! Irrigation, signage and trash for both buildings is combined.
Exterior Features

Construction Materials Brick Lot Features Business ParkCorner LotIndustrial Park Parking Features Parking Lot

Interior Features

Appliances Gas Water Heater Basement YN No Cooling Central AirElectric Cooling YN Yes Flooring CarpetCeramic TileLaminate Foundation Details Slab Heating CentralGas Heating YN Yes

Property Features

Current Use Office Possible Use Office Property Sub Type Office Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4333 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public Year Built Details Resale (Less Than 25 Years Old)

Listing provided by Mcnaughton Real Estate: 479-442-9099.


© 2022 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McMullen Realty Group. Data last updated: 2022-11-26T20:25:47.24.
 
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McMullen Realty Group
1800 S 52nd St, Suite 405
Rogers AR, 72758