Company Logo

1805 Covey Drive, Jonesboro, AR 72404

$3,550,000
  • 1805 Covey Drive, Jonesboro, AR 72404 Main Photo

86 Total Photos [Click to View All]

Active
BEDS0 BATHS0.00 MLS#10127411
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONQuail Hollow NEIGHBORHOODL

Property Description

Investor Special!!!This package includes 18 Single Family Homes, plus 1 Duplex Buildings ( 2 doors) total of 19 units/doors.. The annual rents from these properties are as follows: Annual Rents $303,960.00 7% cap rate with Annual Taxes and Insurance totaling $49,680.00. Descriptions of properties is as follows: 202 CR 418 $1,395.00 3/2 - 1430 sq. ft Monthly Lease. 186 CR 418 $1,395.00 3/2 - 1445 sq. ft Monthly Lease. 124 CR 416 $1,595.00 3/2 - 1431 sq. ft 6/30/2026 Lease Term. 1308 Rosemond $1,295.00 3/2 - 1905 sq. ft 02/28/2026 Lease Term. 1711 Rosemond $995.00 3/1 - 1014 sq. ft 5/31/2026 Lease Ter,. 3317 Dayton Ave $725.00 3/1 - 988 sq. ft Monthly Lease. 1425 Angelus $830.00 2/1 - 762 sq. ft 4/30/2027 Lease Term. 1515 Kitchen $1,050.00 3/2 - 1700 sq. ft Monthly Lease . 154 CR 416 $1,395.00 4/2 - 1524 sq. ft Monthly Lease . 1805 Covey $1,800.00 4/2 - 2418 sq. ft 01/31/2027 Lease Term. 189 CR 416 $1,830.00 4/2 - 1483 sq. ft 07/13/2024 Lease Term. 218 CR 416 $1,555.00 3/2 - 1454 sq. ft 10/31/2025 Lease Term. 233 CR 416 $1,595.00 4/2 - 1513 sq. ft 12/31/2025 Lease Term. 2413 Glenn Place $1,295.00 4/2 - 1920 sq. ft 1/31/2026 Lease Term. 313 Holmes 1 $750.00 2/2 - 1058 sq. ft Monthly Lease. 313 Holmes 2 $795.00 2/2 - 1058 sq. ft 7/31/2025 Lease Term. 3308 Derby $1,250.00 4/2 1848 sq. ft 02/28/2026 Lease Term. 3309 Dayton $1,095.00 3/1 - 1180 sq. ft Monthly Lease. 3313 Dayton $895.00 3/1.5 - 1150 sq. ft 03/31/2026 Lease Term. 3321 Preakness $1,795.00 4/2 - 1839 sq. ft 6/16/2026 Lease Term.

1805 Covey Drive | MLS# 10127411

This multi-family property located at 1805 Covey Drive, Jonesboro, AR 72404 is currently listed for sale with an asking price of $3,550,000. Search L real estate on online.fusion2b.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Central
Lot Size: 0.34 Acres
Taxes: $4,140

Feature Descriptions

Days on Site: 60
Flood Zone: Unknown
Parcel #: 01-143253-11400

Local Schools

High School: Jonesboro High School
Middle School: Annie Camp
Elementary School: Jonesboro Magnet

Listed By / Shown By

Listed By

Agency Name: Burch & Co. Real Estate

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Neakbor MLS

Estimate Your Payment

Estimated Payment

$ 9,281.18 per month $7,900.76 Principal & Interest $345.00 Property Tax $1,035.42 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel