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Multifamily

Greenwich Village Apartments

2501 Case St, Batesville, AR 72501

Listing Price: Request For Offer

Number of Units
41
Occupancy
93.0%

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 41 apartment units located in Batesville, Arkansas. Spread over 2.41 acres, The Property is ideally located off Case Street granting easy access to nearby employers, restaurants and retail. Major employers located within a short drive of The Property include Lyon College, Peco Foods and the White River Medical Center. The Property underwent cosmetic upgrades in 2018 and is managed locally. This offering comes with very attractive debt terms including: 3.96% Interest Rate 10 Year Term - Maturing June 2029 (originated July 12, 2019) 5 Year I/O (Expires August 2024) Loan Balance: $2,389,000 Batesville, AR is located on the White River and nestled in the foothills of the Ozark Mountains providing tenants of Greenwich Village Apartments a scenic and quaint living experience.

Investment Highlights

  • Attractive Assumable Debt with Interest Only Remaining
  • Recent Cosmetic Upgrades to Interior of Units
  • Located Adjacent to Lyon College and Within Short Distance to Nearby Employers

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Multifamily

Greenwich Village Apartments

Listing Price: Request For Offer

Number of Units
41
Occupancy
93.0%

Investment Highlights

  • Attractive Assumable Debt with Interest Only Remaining
  • Recent Cosmetic Upgrades to Interior of Units
  • Located Adjacent to Lyon College and Within Short Distance to Nearby Employers

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 41 apartment units located in Batesville, Arkansas. Spread over 2.41 acres, The Property is ideally located off Case Street granting easy access to nearby employers, restaurants and retail. Major employers located within a short drive of The Property include Lyon College, Peco Foods and the White River Medical Center. The Property underwent cosmetic upgrades in 2018 and is managed locally. This offering comes with very attractive debt terms including: 3.96% Interest Rate 10 Year Term - Maturing June 2029 (originated July 12, 2019) 5 Year I/O (Expires August 2024) Loan Balance: $2,389,000 Batesville, AR is located on the White River and nestled in the foothills of the Ozark Mountains providing tenants of Greenwich Village Apartments a scenic and quaint living experience.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

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