918-704-4829
617 Spallone Blvd, Springdale, AR for Sale
Apartments - FOR SALE
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617 Spallone Blvd
Springdale, AR 72762


HIGHLIGHTS

  • The Reserve at Tontitown sits directly on Highway 412, one of Northwest Arkansas’ most heavily traveled corridors, with over 35,000 VPD.
  • The location offers quick access to Springdale, I-49, and key regional employment centers, making it highly desirable for a broad tenant base.

OVERVIEW

Colliers is pleased to present The Reserve at Tontitown, a 162-unit Class A multifamily community located in the heart of Tontitown, Arkansas, one of the fastest-growing submarkets in Northwest Arkansas. Completed in 2020, the property offers modern construction, a diverse unit mix including duplex-style units with garages, and low-maintenance operations—all in a region experiencing sustained rent growth, population expansion, and high occupancy levels. With direct frontage along Highway 412, Reserve at Tontitown benefits from 35,000 vehicles per day, exceptional visibility, and easy access to Springdale, I-49, and the broader region. This strategic positioning has contributed to the property’s impressive 99% occupancy. The surrounding area is anchored by major employers such as Tyson Foods, PAM Transport, J.B. Hunt, and Arkansas Children’s Northwest Hospital, reinforcing long-term demand. Coupled with limited new supply and a market occupancy of 95.2%, Reserve at Tontitown is a compelling opportunity for investors seeking stabilized income and long-term growth in one of Arkansas’s most dynamic markets.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

162

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Reserve at Tontitown

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.7 AC

LAND SF

509,652 SF

ZONING

C-2

APN/PARCEL ID

830-37667-007,830-37667-008

ASK ABOUT THIS PROPERTY

Ryan GormanColliersMore Info
918-704-4829

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Ryan GormanColliersMore Info
918-704-4829

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