205 W Moultrie Dr - Apartments FOR SALE


Blytheville, AR 72315
$12,500,000 USD
713-594-1576
205 W Moultrie Dr, Blytheville, AR for Sale
$12,500,000 USD
Apartments - FOR SALE
1/53
null | 10% Cap Rate

205 W Moultrie Dr
Blytheville, AR 72315


HIGHLIGHTS

  • Unprecedented Cap Rates
  • 201 Units in Blytheville, 224 Units in Forrest City
  • Opportunity to Own 50%+/- of the Apartments in a Growing Market
  • Sealed Bid Auction ends December 4th | AuctionSection.com

OVERVIEW

Sealed Bid Auction will conclude Thursday, December 4th at 11am CT All bids must be submitted by 11am CT Successful bidders will be notified within 24 hours of auction close You may bid on any property individually or in total This is an unprecedented opportunity to earn double digit cap rates in an appreciating sector of the country! If bid is a minimum of 80% of appraised value, the owners agree to guarantee 100% occupancy for 12 months. 100% occupancy gap based on rent roll at closing, will be paid at closing. Massive potential to get some double rents for 12 months! 425 units across 10 complexes being sold in total or individually.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$81 USD /SF

# OF UNITS

187

PRICE/UNIT

$66,845

CAP RATE

10%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capri Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.5 AC

LAND SF

326,696 SF

ZONING

R-4

APN/PARCEL ID

305-00087-000,305-00088-000,305-00089-000,305-00120-000,305-00121-000,305-06871-000

ASK ABOUT THIS PROPERTY

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713-594-1576

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Logan ThomasAuctionSection.comMore Info
713-594-1576

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