2226 Merrill Dr | Forrest City, AR 72335
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- LoopNet Team
2226 Merrill Dr
Forrest City, AR 72335
416 Unit NE Arkansas Portfolio · Multifamily Property For Sale · 417 Units
Investment Highlights
- Very high demand and great unit mix
- Great management team
- Low competition
PROPERTY FACTS
| No. Units | 417 | Lot Size | 11.00 AC |
| Property Type | Multifamily | Building Size | 342,000 SF |
| Property Subtype | Apartment | Average Occupancy | 85% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1978 |
| No. Units | 417 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 11.00 AC |
| Building Size | 342,000 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1978 |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
- Playground
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $410.00 | - |
| 1+1 | 111 | $510.00 | - |
| 2+2 | 288 | $620.00 | - |
| 3+2 | 12 | $710.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $360,270 | |
| Land Assessment | $23,000 | Total Assessment | $383,270 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$23,000
Improvements Assessment
$360,270
Total Assessment
$383,270
zoning
| Zoning Code | R3 |
| R3 |
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