Investing in a multi-family property like this boarding house can be a profitable venture, especially if managed effectively. This interesting investment opportunity, A 13-room licensed boarding house near the airport and downtown Springdale, with multi-family zoning, certainly has its advantages.
As a currently operating weekly boarding house, it already generates income. You can continue to operate it in the same way or explore other rental options such as monthly or long-term leases, depending on the demand and your business plan. The seller has reported, there is quite a demand for these types of accommodations and affordable housing in the area.
The inclusion of a coin laundry is beneficial since it provides an additional revenue stream and convenience for tenants. Ample parking is also a valuable asset, as it can accommodate the needs of multiple tenants or guests.
Please contact agent for showing instructions.
Also listed as MLS# 1242261

Sold