818 W 28th Ave - Apartments FOR SALE


Pine Bluff, AR 71603
$899,900 USD
501-912-3660
818 W 28th Ave, Pine Bluff, AR for Sale
$899,900 USD
Apartments - FOR SALE
1/23
null | 7.42% Cap Rate

818 W 28th Ave
Pine Bluff, AR 71603


HIGHLIGHTS

  • Prime 35,000 SF
  • 29 units
  • Ideal for multifamily/high-rise development
  • Strategic location in Pine Bluff area

OVERVIEW

Introducing a prime investment opportunity in Pine Bluff, AR! This impressive property, located at the intersection of 28th and Elm, boasts a spacious 35,000 SF building, comprising 29 units perfectly suited for multifamily or high-rise development. With a prime location in the thriving Pine Bluff area, this property presents a compelling investment prospect for those seeking to capitalize on the growing demand for urban living spaces. Offering ample space and potential for customization, this property is poised to meet the needs of discerning investors looking to make their mark in this dynamic real estate market.

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$45 USD /SF

# OF UNITS

29

PRICE/UNIT

$31,031

CAP RATE

7.42%

% LEASED

38%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elm Forrest Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

MF

APN/PARCEL ID

930-64382-000,930-64383-000

ASK ABOUT THIS PROPERTY

Nathan HutchinsSVN | ArkBest Realty, LLCMore Info
501-912-3660

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Nathan HutchinsSVN | ArkBest Realty, LLCMore Info
501-912-3660

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