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Multifamily

Southbound Flats

804 Dr M.L.K. Jr Dr, Jonesboro, AR 72401

Listing Price: Request For Offer

Number of Units
24
Gross SF
21,600

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Jonesboro, AR. This offering will allow a potential investor to purchase a rare value-add opportunity.

Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5)qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents.

AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE SOUTHBOUND FLATS.

Investment Highlights

  • Stainless steel appliances and washer and dryer connections/included in each unit.
  • Individually metered for water and electric.
  • PEX piping and copper wiring
  • Building built on a slab

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Financing By

Multifamily

Southbound Flats

Listing Price: Request For Offer

Number of Units
24
Gross SF
21,600

Investment Highlights

  • Stainless steel appliances and washer and dryer connections/included in each unit.
  • Individually metered for water and electric.
  • PEX piping and copper wiring
  • Building built on a slab

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Jonesboro, AR. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5)qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE SOUTHBOUND FLATS.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

Financing By

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