Washington Square Apartments | 1608 Cherry st
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Washington Square Apartments 1608 Cherry st
44 Unit Apartment Building $3,000,000 ($68,182/Unit) Conway, AR 72032
Investment Highlights
- Located just minutes from Downtown Conway
Executive Summary
Convenient proximity to Hendrix College (0.9 miles), Central Baptist College (2.0 miles), and the University of Central Arkansas (2.4 miles)
Situated at the corner of Cherry St and Washington Ave, minutes from downtown Conway and 1.5 miles from Interstate 40
$500K in exterior renovations done recently
Near numerous national retailers: Walmart Supercenter, Lowe’s, KFC, Dairy Queen, and more
All units have washer/dryer connections
Brand new roof installed in 2023
Situated at the corner of Cherry St and Washington Ave, minutes from downtown Conway and 1.5 miles from Interstate 40
$500K in exterior renovations done recently
Near numerous national retailers: Walmart Supercenter, Lowe’s, KFC, Dairy Queen, and more
All units have washer/dryer connections
Brand new roof installed in 2023
Property Facts
| Price | $3,000,000 | Apartment Style | Garden |
| Price Per Unit | $68,182 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.86 AC |
| No. Units | 44 | Building Size | 38,342 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 2000/2022 |
| Price | $3,000,000 |
| Price Per Unit | $68,182 |
| Sale Type | Investment |
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.86 AC |
| Building Size | 38,342 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2000/2022 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 44 | - | 800 |
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PROPERTY TAXES
| Parcel Number | 710-08848-000 | Improvements Assessment | $315,120 |
| Land Assessment | $23,780 | Total Assessment | $338,900 |
PROPERTY TAXES
Parcel Number
710-08848-000
Land Assessment
$23,780
Improvements Assessment
$315,120
Total Assessment
$338,900
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Cam Deacon -
Power Broker Greyson Skokos -
Ridge Fletcher -
Chris Monroe -
Power Broker Chris Moses -
George Friedmann -
Moses Tucker Partners
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Washington Square Apartments | 1608 Cherry st
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