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Treeview Apartments 1114-1128 E 9th St

40 Unit Apartment Building $3,500,000 ($87,500/Unit) 6.95% Cap Rate Russellville, AR 72801

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Executive Summary

Recently Renovated Turn-Key 40 Unit Apartment Complex. 32 Two-Bedroom and 8 Three-Bedroom Apartments. Renovations included 264 new windows installed in July – August 2024, new 50-year roofing shingles with a 5-year labor warranty installed within the last year, new cabinets, new appliances, new LED lighting, bathroom walls are tiled around tubs, and so much more. Apartment buildings are next to a new middle-class neighborhood with good schools. Please inquire about full details on this excellent investment property.

Spec Sheet

Market Information

Property Facts

Price	$3,500,000	Building Class	B
Price Per Unit	$87,500	Lot Size	1.82 AC
Sale Type	Investment	Building Size	35,776 SF
Cap Rate	6.95%	Average Occupancy	92%
No. Units	40	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1979/2024
Property Subtype	Apartment	Parking Ratio	1.12/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$3,500,000
Price Per Unit	$87,500
Sale Type	Investment
Cap Rate	6.95%
No. Units	40
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	B
Lot Size	1.82 AC
Building Size	35,776 SF
Average Occupancy	92%
No. Stories	2
Year Built/Renovated	1979/2024
Parking Ratio	1.12/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.