479-388-0947
305-317 Berry St, Springdale, AR for Sale
Apartments - FOR SALE
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305-317 Berry St
Springdale, AR 72764
Downtown Springdale


HIGHLIGHTS

  • Turnkey Investment – Fully renovated 42-unit multifamily property with high-quality interior finishes and zero deferred maintenance.
  • Value-Add Potential – Current rents remain below market, providing immediate upside through rent growth.
  • Prime Downtown Location – Situated in the heart of Springdale, AR, with easy access to dining, retail, and local attractions.
  • Strong Market Fundamentals – Blue Crane’s nearby Class A multifamily development signals continued growth and rising rental demand.
  • Stable & Growing Economy – Springdale benefits from Northwest Arkansas’ booming economy, strong job market, and population growth.

OVERVIEW

The Grove on Berry is a fully renovated 42-unit multifamily property in downtown Springdale, AR. This asset presents an exceptional investment opportunity. With high-quality interior finishes and no deferred maintenance, this asset offers a true turnkey experience for investors. The property is currently achieving below-market rents, providing a clear path for value appreciation as rental rates align with the growing demand in Springdale. Additionally, its prime location ensures strong tenant appeal, with walkable access to the Razorback Greenway, Downtown establishments, and George Luther Park, offering residents an active and convenient lifestyle. Springdale is experiencing significant economic and residential growth, driven by major developments such as Blue Crane’s nearby Class A multifamily project. This signals strong investor confidence and increasing demand for quality housing in the area. With Northwest Arkansas’ expanding job market, rising population, and a flourishing local economy, this property is positioned for sustained rent growth and long-term appreciation. Investors seeking a well-located, stabilized asset with built-in value-add potential will find this an attractive addition to their portfolio.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

42

CAP RATE

Request Cap Rate

% LEASED

69%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Grove on Berry

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

MF-12

APN/PARCEL ID

815-28422-000,815-28423-000,815-28425-000

ASK ABOUT THIS PROPERTY

Zac ThomasGREAMore Info
479-388-0947

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Zac ThomasGREAMore Info
479-388-0947

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