101 & 113 Parkwood Street
Lowell , AR 72745
MLS#: 1155150
$1,025,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1997
Sq.Footage
8,955
2 Modern office buildings with 10 separate units. Great investment opportunity for any business needing office space and tired of renting--Use the office that fits your needs and create income from leasing the other units. Centrally located just off exit 78---- easy access to I-49. Offices in Parkwood 101 range from 168-1300 SQ/FT - 4 of 6 offices are currently leased with unit F occupied by the property manager. The Parkwood 113 offices range from 660-1700 SQ/FT - 3 of 4 offices are currently leased. Photos are from currently vacant office spaces and property managers office- Similar finishes in the tenant occupied offices. Parkwood 113 has new permanent roof coating applied June 2109 10Yr transferrable Warranty. Fully occupied rental income for both buildings is $10,140/Month or $121,680/Year. Sale of both buildings is preferred as irrigation, signage and trash for both buildings is combined. Separate sale of buildings may need city approval. Parkwood 101 MLS#1155142 & Parkwood 113 MLS# 1155148.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.48
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$1,025,000
-
Tax Amount
4333.0
-
Sq. Footage
8, 955
-
Price/SqFt
$114
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
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Location
County
Benton
Elementary School
Middle School
High School
Listing Courtesy of Robert Winkel , Berkshire Hathaway HomeServices Solutions Real Est
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Lura Kitchens
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