Parkside Villas | 309 Park St
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Parkside Villas 309 Park St
28 Unit Block of Flats £2,345,983 (£83,785/Unit) Springdale, AR 72764
Investment Highlights
- Opportunity Zone Eligible
- 200' to the Razorback Greenway Trail
- Walking distance to Springdale's vibrant downtown area
Executive Summary
Parkside Villas consists of 7 buildings with 4 units per building. Each unit is 1 bedroom/1 bath - 550 SF. Located directly east of the newly expanded Luther George Park. Current ownership has added utility lines on two of the building for washer/dryer connections to capture rent premium. For proven value-add strategy, new owner could add utility lines to remaining buildings.
Property Facts Under Contract
| Price | £2,345,983 | Building Class | C |
| Price Per Unit | £83,785 | Lot Size | 0.89 AC |
| Sale Type | Investment | Building Size | 15,400 SF |
| No. Units | 28 | Number of Floors | 1 |
| Property Type | Residential | Year Built/Renovated | 1980/2018 |
| Property Subtype | Apartment | Parking Ratio | 2.14/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Price | £2,345,983 |
| Price Per Unit | £83,785 |
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 15,400 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1980/2018 |
| Parking Ratio | 2.14/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Dishwasher
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 28 | - | 550 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £165,801 | |
| Land Assessment | £25,003 | Total Assessment | £190,804 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£25,003
Improvements Assessment
£165,801
Total Assessment
£190,804
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Parkside Villas | 309 Park St
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