Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1993
Sq.Footage
39,550
Location, location, location! 36 Unit Apartment Complex for sale located 0.6 miles (appx 15 minute walk) from the University of Arkansas which recorded an enrollment population of 33,610 in September 2024, also 0.3 miles (appx 6 minute walk) from Wilson Park which features multiple sports courts/playground/public pool, and 0.2 miles (appx 4 minute walk) from the nearest Razorback Greenway Trail access (at Frisco Trail) which connects 40 miles of multi-use paved pathways. Multiple floorplans including 15 studios, 4 one bedrooms, 9 two bedrooms, and 8 three bedroom townhomes (attached garages are included at the 3 bedroom townhomes). Units are well-maintained and always in demand. Occupancy is usually 97-100%, rarely are there vacancies. This is a unique opportunity to purchase a turn-key property in one of the hottest rental locations in Arkansas.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Other, Pantry
Area & Lot
-
Lot Features
City Lot, Landscaped, Sloped
-
Lot Size(acres)
1.425
-
Property Type
Residential
-
Architectural Style
Split Level, Traditional
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding, Vinyl Siding
-
Parking
Concrete, Attached, Garage, Other, Parking Lot, See Remarks, Garage Door Opener
Financial
-
Sales Price
$5,500,000
-
Tax Amount
32730.0
-
Zoning
Multi Family
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Location
County
Washington
Elementary School
Middle School
High School
Listing Courtesy of Kristin Springston-Mann , Select Real Estate Group
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Branch Broker
DebbieNeal
Call Debbie today to schedule a private showing.
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