Vista Place Apartments are a 108-unit, 432-bed multifamily community located at 821 E O Street in Russellville, Arkansas. Built in 2008 with wood siding and pitched roofs, the property currently operates as student housing serving Arkansas Tech University, located just 1.5 miles away with over 9,400 students enrolled. As of January 2025, Vista Place is 19.29% occupied. Each unit features a four-bedroom/four-bathroom layout totaling 1,200 square feet. Community amenities include a clubhouse, gym, swimming pool, fitness center, tanning bed, barbecue/picnic area, and game room. Vista Place is the only property in Russellville offering four-bedroom units, which provides a unique opportunity to reposition the asset beyond student housing and appeal to local residents. The property’s competitive advantage lies in its vintage and construction relative to the Russellville market, where most multifamily properties were built prior to 2000. With a targeted capital investment program to address deferred maintenance and refresh interiors, a new owner could reposition Vista Place as one of the higher-quality rental options in the city, capturing demand from both students and the broader renter pool.