Homes for sale - 23 Property Portfolio JBR & WM, Jonesboro, AR 7240...

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Kevin Grooms

kevintgrooms@gmail.com +1(417) 280-6571

$ 3,439,800

Est. payment | -/mo

31,383 SqFt

Save

$ 3,439,800

Est. payment | -/mo

Save

31,383 SqFt

Key Details

Property Type Multi-Family

Sub Type PKG Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 31,383 sqft

Price per Sqft $109

Subdivision Robindale 4Th

MLS Listing ID 25041804

Style Ranch,Traditional

Annual Tax Amount $17,088

Tax Year 2024

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type PKG Single Family

Property Description

Incredible opportunity to acquire a high-performing 34-door investment portfolio consisting of 23 properties with 19 located in Jonesboro and 4 in West Memphis. This well-balanced mix of single-family and small multifamily homes provides immediate scale, strong in-place occupancy, and proven rental performance across two thriving markets. Most vacancies are standard turnover rather than major rehab, and with a strong offer, the seller will deliver any non-rent-ready units in move-in condition. A nearly completed quadplex presents a standout value-add opportunity, ready for finishing touches and leasing to further increase returns. With consistent income, local management stability, and strong rental demand in both cities, this portfolio offers investors the perfect combination of steady cash flow, growth potential, and market diversity. Rarely does an opportunity of this size and quality become available in Northeast Arkansas, ideal for those looking to expand or establish a solid regional footprint. Contact me today for more details.

Location

State AR

County Craighead

Area Craighead County

Zoning R-2&others

Rooms

Kitchen Built-In Stove

Interior

Interior Features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Hot Water Heater-Electric, All Units

Heating Central Cool-Gas, Central Cool-Electric, Central Heat-Gas, Central Heat-Electric

Flooring Luxury Vinyl, Tile

Equipment Built-In Stove

Exterior

Exterior Feature Outside Storage Area, Wood Fence

Parking Features Carport, One Car, Parking Pads, Two Car

Utilities Available Electric-Municipal, Gas-Natural, Sewer-Public, Water-Public

Roof Type Architectural Shingle,Composition

Building

Lot Description Level, In Subdivision

Foundation Crawl Space, Slab

New Construction No

Schools

Elementary Schools Jonesboro

Middle Schools Jonesboro

High Schools Jonesboro

Listed by Compass Rose Realty • Kyah Mancil

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(417) 280-6571

kevintgrooms@gmail.com

PO BOX 92, Thayer, Missouri, 65791, USA

23 Property Portfolio JBR & WM Jonesboro, AR 72401