This Multifamily Property is no longer advertised on LoopNet.com.

3021 S Fir St
Pine Bluff, AR 71603
Piney Woods Apartments · Multifamily Property For Sale · 276 Units

INVESTMENT HIGHLIGHTS

  • - Current ownership spent $650k on exterior capex work
  • - 80% of all units combined have been renovated
  • - Pine Bluff is the 10th largest city in the state of Arkansas
  • - New ownership, based upon area rent comps, can raise rents up to $121 / unit
  • - Renovations include new appliances, flooring, paint, doors, and more
  • - The Pine Bluff multi-family market has experienced a 7.2% 12 month asking rent growth

PROPERTY FACTS

No. Units 276
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 14.00 AC
Building Size 207,066 SF
Average Occupancy 100%
No. Stories 2
Year Built 1969

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Range

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 72 $607.50 425 - 704
2+1 64 $657.00 540
2+2 64 $650.00 846 - 874
3+1 56 $728.00 789
3+2 14 $737.50 1,017 - 1,100
4+4 6 $1,200 850

PROPERTY TAXES

  • Listing ID: 28020267

  • Date on Market: 3/20/2023

  • Last Updated:

  • Address: 3021 S Fir St, Pine Bluff, AR 71603