3021 S Fir St | Pine Bluff, AR 71603
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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 | Lot Size | 3.75 AC |
| Property Type | Multifamily | Building Size | 207,066 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1969 |
| No. Units | 276 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.75 AC |
| Building Size | 207,066 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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
| Parcel Number | 931-16607-000 | Improvements Assessment | $506,270 |
| Land Assessment | $47,480 | Total Assessment | $553,750 |
PROPERTY TAXES
Parcel Number
931-16607-000
Land Assessment
$47,480
Improvements Assessment
$506,270
Total Assessment
$553,750
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