Multifamily
Pine Bluff Portfolio
2810 S Poplar St, Pine Bluff, AR 71603
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is please to exclusively offer for sale a two-property portfolio totaling 71 apartment units located in the heart of Pine Bluff, AR. Spread over two parcels and approximately 2.87 acres, the Properties are well-located in a neighborhood with a host of stores and service providers including several grocery-anchored shopping centers, Walgreens, Bank of America, and academic institutions ranging from elementary to the collegiate level. The Properties are located nearly 1 mile from the Jefferson Regional Medical Center that has over 1,600 employees.
Pine Bluff Portfolio
Investment Highlights
- Value add opportunity to increase collections and raise rents to market levels.
- Strong historical occupancy of 95%+ and average collection loss of 5%.
- The Properties are located within 1 mile providing operators the ability to effectively manage both assets from one office.
- Close proximity to major thoroughfares granting easy access to employers, retail and entertainment.
- Offered Free & Clear.
Exclusively Listed By
Broker of Record
Investment Highlights
- Value add opportunity to increase collections and raise rents to market levels.
- Strong historical occupancy of 95%+ and average collection loss of 5%.
- The Properties are located within 1 mile providing operators the ability to effectively manage both assets from one office.
- Close proximity to major thoroughfares granting easy access to employers, retail and entertainment.
- Offered Free & Clear.
Investment Overview
Marcus & Millichap is please to exclusively offer for sale a two-property portfolio totaling 71 apartment units located in the heart of Pine Bluff, AR. Spread over two parcels and approximately 2.87 acres, the Properties are well-located in a neighborhood with a host of stores and service providers including several grocery-anchored shopping centers, Walgreens, Bank of America, and academic institutions ranging from elementary to the collegiate level. The Properties are located nearly 1 mile from the Jefferson Regional Medical Center that has over 1,600 employees.
Exclusively Listed By
Broker of Record
