$3,799,000

208 Lake Drive, Jonesboro, AR 72405

  • 1,453 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $2,615/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Investor Special!!!This package includes 11 Single Family Homes, plus 4 Duplex Buildings (8 Units). So you get 15 Total Properties totaling 19 Units/Doors. The annual rents from these properties are as follows: Annual Rents $312,600 with Annual Taxes and Insurance totaling $49,560 giving you a 7% cap rate. Descriptions of properties is as follows: The single family homes are located at 701 Tawn $1,150.00 3/2 - 1204 sq. ft 10/31/2025 Lease Term.3409 Derby $1,845.00 4/2 1755 sq. ft 3/31/2026 Lease Term. 3615 Old Dornick $1,940.00 3/2 - 2000 sq. ft 02/28/2026. 3816 Hill $1,795.00 4/2 - 1400 sq. ft 09/30/2025.3313 Oaklawn $1,895.00 4/2 - 1943 sq. ft Monthly Lease.6857 Hwy 141 $1,000.00 4/2 - 1900 sq. ft Monthly Lease. 208 Lake Drive $1,615.00 4/2 - 1500 sq. ft 02/21/2026 Lease Term. 210 Lake Drive $1,500.00 4/2 - 1500 sq. ft 07/31/2025 Lease Term. 212 Lake Drive $1,595.00 3/2 - 1500 sq. ft 01/31/2026 Lease Term. 3211 Kingsbury $1,025.00 3/1 - 1026 sq. ft 12/31/2025 Lease Term. 3301 Kingsbury $795.00 3/1 - 1026 sq. ft Monthly Term. 4409 Fox Meadow $1,450.00 3/2 - 1260 sq. ft 12/31/2025 Lease Term. 2519 Forest Home 9B $795.00 2/2 - 893 sq. ft Vacant. 2519 Forest Home 1A $625.00 2/2 - 893 sq. ft Monthly Term. 410 W Matthews A $1,195.00 2/2 - 1000 sq. ft Vacant Rented. 410 W Matthews B $1,195.00 2/2 - 1000 sq. ft.02/28/2026 406 W Matthews A $1,050.00 2/1.5 - 1100 sq. ft. Monthly Term. 406 W Matthews B $1,385.00 2/1.5 - 1100 sq. ft. Monthly Term. 406 W Matthews C $1,050.00 2/1.5 - 1100 sq. ft. Monthly Term 406 W Matthews D $1,150.00 2/1.5 - 1100 sq. ft. Monthly Term.

Listing Status:
Active
Listing Office:
Burch & Co. Real Estate : (870) 680-3820
Listing Agent:
Eric Burch : 870 8477653
MLS ID:
10123353
  • Heating: Central
  • General: 0
  • Originating MLS: Northeast Arkansas BOR
  • County: Craighead
  • Zoning: LAKE DRIVE REPLAT OF LOTS 1-401-144152-08000
  • Water: City
  • Sewer: City Sewer
  • Source: Northeast Arkansas BOR

This listing courtesy of Eric Burch, Burch & Co. Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

University Heights Intermediate Center

3901 Aggie Rd, Jonesboro, AR, 72405

Grades 3-6

0.11 miles away

N

Nettleton Junior High School

4208 Chieftan Ln, Jonesboro, AR, 72401

Grades 7-8

2.24 miles away

N

Nettleton High School

4201 Chieftan Ln, Jonesboro, AR, 72401

Grades 9-12

2.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.