1114-1128 E 9th St - Apartments FOR SALE


Russellville, AR 72801
$3,250,000 USD
631-678-6859
1114-1128 E 9th St, Russellville, AR for Sale
$3,250,000 USD
Apartments - FOR SALE
1/27
null | 7.6% Cap Rate

1114-1128 E 9th St
Russellville, AR 72801


HIGHLIGHTS

  • 10 mins away from Arkansas Tech University.
  • Right by Interstate 40 for quick commutes.
  • Near renovations' end: 95+% proj'd occupancy.
  • Median House or Condo price.
  • Excellent Demographics.

OVERVIEW

Recently Renovated Turn-Key 40 Unit Apartment Complex. 32 Two-Bedroom and 8 Three-Bedroom Apartments. Renovations included 264 new windows installed in July – August 2024, new 50-year roofing shingles with a 5-year labor warranty installed within the last year, new cabinets, new appliances, new LED lighting, bathroom walls are tiled around tubs, and so much more. Apartment buildings are next to a new middle-class neighborhood with good schools. Please inquire about full details on this excellent investment property.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$91 USD /SF

# OF UNITS

40

PRICE/UNIT

$81,250

CAP RATE

7.6%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Treeview Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,279 SF

ZONING

-

APN/PARCEL ID

763-00017-000C

ASK ABOUT THIS PROPERTY

Chris McCloyTreeview ApartmentsMore Info
631-678-6859

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Chris McCloyTreeview ApartmentsMore Info
631-678-6859

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.