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141 Market St
Monticello, AR 71655
Park Ridge of Monticello · Multifamily Property For Sale · 64 Units

INVESTMENT HIGHLIGHTS

  • Excellent location in the middle of the Monticello market
  • Value-add component of upping rents with LIHTC contract expiring at end of 2020
  • Terrific mix of one, two, three -bedroom apartment homes conducive to the employers in the area

PROPERTY FACTS

No. Units 64
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 4.25 AC
Building Size 61,360 SF
Average Occupancy 95%
No. Stories 2
Year Built 2002
Parking Ratio 1.97/1,000 SF
Zoning C

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Business Center
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Grill

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - 651
2+2 24 - 873
3+2 32 - 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
703-03542-010-C
Land Assessment
$10,000
Improvements Assessment
$503,210
Total Assessment
$513,210
  • Listing ID: 23130922

  • Date on Market: 5/19/2021

  • Last Updated:

  • Address: 141 Market St, Monticello, AR 71655

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