1295 E German Ln | Conway, AR 72032
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1295 E German Ln
Conway, AR 72032
German Oaks · Multifamily Property For Sale
·
54 Units
INVESTMENT HIGHLIGHTS
- 2022 constructed, 54-unit townhome community comprised of the largest 24, 2-bedroom and 2-bath units and 30, 3-bedroom and 2-bath units in the marketp
- New investors have multiple streams for income growth in addition to large rent gaps; professional management can increase pet deposits and monthly fe
- Rent/SF in the market is $1.14. German Oaks current market rents are $.86, or 25% less than market average.
- German Oaks market rents are $100 per unit less on average than comps and $200-$300 per unit behind market leaders offering a clear path of growth
PROPERTY FACTS
| No. Units | 54 | Lot Size | 4.50 AC |
| Property Type | Multifamily | Building Size | 52,000 SF |
| Property Subtype | Apartment | Average Occupancy | 81% |
| Apartment Style | Townhome | No. Stories | 4 |
| Building Class | B | Year Built | 2022 |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 4.50 AC |
| Building Size | 52,000 SF |
| Average Occupancy | 81% |
| No. Stories | 4 |
| Year Built | 2022 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 24 | $1,250 | 1,382 - 1,388 |
| 3+2.5 | 30 | $1,350 | 1,562 |
PROPERTY TAXES
| Parcel Number | 710-00009-001 | Improvements Assessment | $1,008,660 |
| Land Assessment | $117,610 | Total Assessment | $1,126,270 |
PROPERTY TAXES
Parcel Number
710-00009-001
Land Assessment
$117,610
Improvements Assessment
$1,008,660
Total Assessment
$1,126,270
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
