304 N 13th Pl - Apartments FOR SALE


Rogers, AR 72756
$16,200,000 USD
479-957-3795
304 N 13th Pl, Rogers, AR for Sale
$16,200,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

304 N 13th Pl
Rogers, AR 72756


HIGHLIGHTS

  • 48-unit all-brick apartment complex built in 2024 in the heart of Northwest Arkansas
  • Income producing asset that features 3 bedrooms and 2 baths in each unit
  • Located in an opportunity zone, 3 miles from I-49 which offers access to the broader Northwest Arkansas region

OVERVIEW

Wilson Real Estate Investment Services is pleased to present an exclusive offering of a newly constructed 48-unit multifamily property located at 304 N 13th Place in Rogers, Arkansas. Completed in 2024, this income-producing asset consists of 12 identical, all-brick two-story buildings, each containing four residential units. Each unit is approximately 1,146 square feet and features 3 bedrooms, 2 bathrooms, and modern interior finishes. Units are outfitted with luxury vinyl plank flooring, quartz countertops, and a full appliance package including an electric range, over-the-range microwave, dishwasher, and garbage disposal. The property also includes an on-site office for property management use. This complex is located within a designated Opportunity Zone and sits in close proximity to both elementary and middle schools. Numerous retail centers and amenities are located nearby, and the property is approximately 3 miles from Interstate 49, offering convenient access to the broader Northwest Arkansas region. Rogers is a dynamic and growing community recognized for its economic development, historic charm, and cultural attractions. It is also home to the original Walmart store, contributing to the area's continued growth and investment appeal.

FOR SALE DETAILS

PRICE

$16,200,000 USD

PRICE/SF

$253 USD /SF

# OF UNITS

48

PRICE/UNIT

$337,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Embassy Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.11 AC

LAND SF

222,592 SF

ZONING

-

APN/PARCEL ID

02-00947-000,02-00950-002

ASK ABOUT THIS PROPERTY

Benjamin MahanWilson Real Estate Investment ServicesMore Info
479-957-3795

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Benjamin MahanWilson Real Estate Investment ServicesMore Info
479-957-3795

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