309 Park St - Apartments FOR SALE


Springdale, AR 72764
$2,995,000 USD
479-466-9569
309 Park St, Springdale, AR for Sale
$2,995,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

309 Park St
Springdale, AR 72764


HIGHLIGHTS

  • Opportunity Zone Eligible
  • Walking distance to Springdale's vibrant downtown area
  • 200' to the Razorback Greenway Trail

OVERVIEW

Parkside Villas consists of 7 buildings with 4 units per building. Each unit is 1 bedroom/1 bath - 550 SF. Located directly east of the newly expanded Luther George Park. Current ownership has added utility lines on two of the building for washer/dryer connections to capture rent premium. For proven value-add strategy, new owner could add utility lines to remaining buildings.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

28

PRICE/UNIT

$106,964

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkside Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

815-24896-000,815-24897-000

ASK ABOUT THIS PROPERTY

Joshua SingleterryMoses Tucker PartnersMore Info
479-466-9569

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Joshua SingleterryMoses Tucker PartnersMore Info
479-466-9569

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