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208 Lake Drive

Jonesboro, AR 72405
  • $3,599,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 10128663
UPDATED: 108 min ago
$3,599,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,453
    SQFT
  • $2,477
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:
F

School Ratings & Info

Description

Investor Special!!!This package includes 12 Single Family Homes, plus 4 Duplex Buildings (8 Units). So you get 16 Total Properties totaling 20 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.

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Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2026 Jonesboro Board of REALTORS® MLS. All rights reserved.
www.neahomes4sale.com/homes/174731950
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208 Lake Drive Jonesboro, AR 72405

  • Price: $3,599,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 108 min ago
  • MLS #: 10128663
0
Beds
2
Baths
0
½ Baths
0.2
Acres
1,453
SQFT
$2,477
$/SQFT
Neighborhood:
Fielders Acres
County:
Craighead
Area:
F
Property Description
Investor Special!!!This package includes 12 Single Family Homes, plus 4 Duplex Buildings (8 Units). So you get 16 Total Properties totaling 20 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.
Exterior Features

Linear Feet Of Road Frontage 0 Loading Dock None Number Of Doors 0 Number Of Parking Spaces 0

Interior Features

1st Unit Sq Ft 0.00 2nd Unit Sq Ft 0.00 3rd Unit Sq Ft 0.00 Cooling Features Central Air Heat Features Central Electric Wall Height Unknown

Property Features

Agent Owned Yes Annual Expense 0 Auction No Builder Owned No Business Type General Current Business Features General Commercial Fips Code 31 Flood Zone No Lease Type Net Number Of Tenant 20 Number Of Tenants 20 Occupant Type Tenant Possession At Closing Property Subtype1 Bundled Only Reo Property No Tax Year 0 Taxes 0.00 Terms CashConventionalFHAIn HouseVA Transaction Type Sale

Listing information © 2026 Jonesboro Board of REALTORS® MLS.
Listing provided by Burch & Co. Real Estate: 870-680-3820.

Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2026 Jonesboro Board of REALTORS® MLS. All rights reserved.
 
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Halsey Real Estate
301 W Washington
Jonesboro AR, 72401