8.6.19 - marketing packet - 1700, 1704 e matthews & 708 e ... · 8.6.19 - marketing packet -...

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C ti ith [email protected] Main: 870.972.9191 Direct: 870.336.3800 Mobile: 870.930.8008 301 West Washington Avenue, Suite 200 | Jonesboro, AR 72401

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Page 1: 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E ... · 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E Freeman Author: Johnna Rogers Keywords: DADhtgr1lmM,BACSZzs-uMA

C ti ith

[email protected]

Main: 870.972.9191Direct: 870.336.3800 Mobile: 870.930.8008

301 West Washington Avenue, Suite 200 | Jonesboro, AR 72401

Page 2: 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E ... · 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E Freeman Author: Johnna Rogers Keywords: DADhtgr1lmM,BACSZzs-uMA

Property Details & Highlights

Additional Photos

Maps

Zoning

Jonesboro Demographics

Top Employers

Agent Biography

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All materials and information received or derived from Halsey Thrasher Harpole Real Estate Group its directors, officers, agents, advisors, affiliates and/or any third partysources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance withapplicable governmental requirements, developabiilty or suitability, financial performance of the property ,projected financial performance of the property for any party'sintended use or any and all other mailers Neither Halsey Thrasher Harpole Real Estate Group its  directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or ,implied, as toaccuracy or completeness of the any materials or information provided, derived, or received Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party's active conduct of its own due diligence to determine these and other mailers of significance to such partyHalsey Thrasher Harpole Real Estate Group will not investigate or verify any such mailers or conduct due diligence for a party unless otherwise agreed in writing

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigationsincluding through appropriate third party independent professionals selected by such party All financial data should be verified by the party including by obtaining andreading applicable documents and reports and consulting appropriate independent professionals. HalseyThrasher Harpole Real Estate Group makes no warranties and/orrepresentations regarding the veracity, completeness. or relevance of any financial data or assumptions Halsey Thrasher Harpole Real Estate Group does not serve as afinancial advisor lo any party regarding any proposed transaction All data and assumptions regarding financial performance, including that used for financial modelingpurposes, may differ from actual data 01 performance Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean thatrents can be established at or increased to that level. Parties must evaluate any applicable contractual and government limitations as well as market conditions.vacancyfactors and other issues in order to determine rents from or for the property Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Titlequestions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies withapplicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors. other consultants and governmental agencies.All properties and services are marketed by Halsey Thrasher Harpole Real Estate Group in compliance with all applicable fair housing and equal opportunity laws.

This property is under the ownership of two separate parties, one owner holding 4units and the other owner holding 6 units.

Page 3: 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E ... · 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E Freeman Author: Johnna Rogers Keywords: DADhtgr1lmM,BACSZzs-uMA

Property Type: Multi-Family

Property Name: Freeman & Matthews Complex

Property Address: 1700-1704 W Matthews & 708 Freeman, Jonesboro, AR

Lot Size: Property 1: 0.30 Acres Property 2: 0.50 Acres : 0.26 Acres

Information Disclaimer:

Sale Price:

$1,275,000

Building Property 1: 3,740 sqft.Size: Property 2: 3,740 sqft. : 2,716 sqft.

Cap Rate: 8.5%+/- Management Included

Income w/ Airbnb

Year Built: 1: 2017-182: 2016

Airbnb Yearly Occupancy Rate: 51%

Total Units:

101700 W Matthews1704 W Matthews

708 Freeman

Page 4: 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E ... · 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E Freeman Author: Johnna Rogers Keywords: DADhtgr1lmM,BACSZzs-uMA

PROPERTY 1: BUILDING 1 PROPERTY 2: BUILDING 1

PROPERTY 2: BUILDING 2 PROPERTY 2: BUILDING 2

Page 5: 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E ... · 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E Freeman Author: Johnna Rogers Keywords: DADhtgr1lmM,BACSZzs-uMA

FULLY FURNISHED

Page 6: 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E ... · 8.6.19 - Marketing Packet - 1700, 1704 E Matthews & 708 E Freeman Author: Johnna Rogers Keywords: DADhtgr1lmM,BACSZzs-uMA