$3,650,000

1805 Covey Drive, Jonesboro, AR 72404

  • 2,418 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,510/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Listing Office:
Burch & Co. Real Estate : (870) 680-3820
Listing Agent:
Eric Burch : 870 8477653
MLS ID:
10123354
  • Heating: Central
  • General: 0
  • Originating MLS: Northeast Arkansas BOR
  • County: Craighead
  • Zoning: QUAIL HOLLOW ADD PT SW SW 25-101-143253-11400
  • 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

H

Health, Wellness and Environmental Studies Magnet School

1001 Rosemond Ave, Jonesboro, AR, 72401

Grades 1-6

1.28 miles away

A

Annie Camp Jr High School

1814 W Nettleton Ave, Jonesboro, AR, 72401

Grades 7-9

1.57 miles away

T

The Academies at Jonesboro High School

301 Hurricane Dr, Jonesboro, AR, 72401

Grades 10-12

1.75 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.