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Property Highlights

Size: 1,179 sqft single-family home with 3 beds, 2 baths.
Structure: Frame with brick veneer construction.
Basement: Finished basement with opportunity to add another bedroom and bath (convert to 4/2).
Lot/Yard: Fenced backyard.
Utilities: Municipal water/sewer, electric + natural gas.
HOA Fees: $200 annually.

Condition Light rehab needed. Quick turnaround project with strong upside:

Siding repair (not replacement).
Interior updates to modernize finishes.
Cosmetic upgrades to maximize resale value.

Key Systems

Roof: ~15 years old (estimated).
HVAC: ~11 years old (estimated).
Electrical: ~60 years old (estimated, some updates noted).
Plumbing: ~60 years old (estimated, some updates noted).

Investment Highlights

Wholesale Price: $90,000.
After Repair Value (ARV): $175,000 (conservative).
Rehab Estimate: $50,000.
Projected Profit: $85,000+ (ARV – wholesale price – rehab).
Strong value-add potential by converting basement into additional living space.

Comparable Sales (Comps)

10440 Canfield Dr – $200,000.
10537 Chickering Dr – $187,000.
10523 Edgefield Dr – $185,000.

Additional Details

Occupancy: Vacant – easy access for investors.

Open House: Investor open house will be scheduled.

Closing Date: Expected 10/7/2025.

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Resources:

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2323 S U St, Fort Smith, AR 72901, USA

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