Description

These 26 units are located in Downtown Jonesboro near the Healthsouth Rehabilitation Center and Jonesboro's largest employer, St. Bernard's Regional Medical Center. The property consists of 26 brick units that were built in 2008. Each unit contains 900 square feet and rents for $800 per month. The rent total also includes utilities.

This is a great income producing investment that is in excellent condition and requires little to no maintenance. It also has a perfect rental history!!

Jonesboro is located in Northeast Arkansas along U.S. Highway 63 (soon to be Interstate 555) just 75 miles northwest of Memphis, Tennessee. Jonesboro is the fifth largest city in Arkansas by population and has become the regional center for manufacturing, agriculture, medicine, banking, education, and trade.

There are currently two major hospitals in Jonesboro: St. Bernard' s Regional Medical Center, which is the city' s largest employer and NEA Baptist Memorial, which is set to begin construction on a new $400 million dollar campus along Highway 49 in the upcoming months.

The city is also home to Arkansas State University which is the second largest college system in the state, averaging over 17,000 students. A-State employs over 1,850 people and offers degree levels from associates, bachelors, and masters to specialists.

Jonesboro' s large industrial park features such companies as Nestle, Frito Lay, Post, Hytrol, Alberto Culver, Riceland, and the new $100,000,000 windmill facility, Nordex.