Pivot Rock Village | 15 Pivot Rock Rd
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Pivot Rock Village 15 Pivot Rock Rd
27 Unit Block of Flats £2,051,400 (£75,978/Unit) 8.33% Net Initial Yield Eureka Springs, AR 72632
Investment Highlights
- 30,872 SF building with 27 units
- Spread over 8 buildings on over 2 acres
- Well-maintained and excellent condition
- Built in 1995, renovated in 2020
- Property management unit with office included
- 100% occupancy rate
Executive Summary
Introducing an exceptional investment opportunity at 15 Pivot Rock Road, Eureka Springs. This 30,872 SF, 27-unit apartment complex, spread across 8 buildings and over 2 acres, offers a prime Multifamily / Low-Rise/Garden investment. Built in 1995 and recently renovated in 2020, this property boasts 100% occupancy, showcasing its strong rental history and low vacancy rates. Well-maintained and in excellent condition, including a property management unit with an office, this complex presents a rare chance for investors looking for a promising asset in the Northwest Arkansas region.
Property Facts
Price | £2,051,400 | Building Class | B |
Price Per Unit | £75,978 | Lot Size | 2.07 AC |
Sale Type | Investment | Building Size | 30,872 SF |
Net Initial Yield | 8.33% | Average Occupancy | 100% |
No. Units | 27 | Number of Floors | 2 |
Property Type | Residential | Year Built/Renovated | 1995/2020 |
Property Subtype | Apartment | Parking Ratio | 1.72/1,000 SF |
Apartment Style | Townhome |
Price | £2,051,400 |
Price Per Unit | £75,978 |
Sale Type | Investment |
Net Initial Yield | 8.33% |
No. Units | 27 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Townhome |
Building Class | B |
Lot Size | 2.07 AC |
Building Size | 30,872 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built/Renovated | 1995/2020 |
Parking Ratio | 1.72/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 9 | - | 650 |
2+1 | 9 | - | 800 |
2+1.5 | 9 | - | 1,070 |
PROPERTY TAXES
Parcel Number | 925-00045-000 | Improvements Assessment | £187,553 |
Land Assessment | £12,245 | Total Assessment | £199,798 |
PROPERTY TAXES
Parcel Number
925-00045-000
Land Assessment
£12,245
Improvements Assessment
£187,553
Total Assessment
£199,798
zoning
Zoning Code | C (Commercial) |
C (Commercial) |
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Pivot Rock Village | 15 Pivot Rock Rd
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