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305-317 Berry St
Springdale, AR 72764
The Grove on Berry · Multifamily Property For Sale · 42 Units

INVESTMENT HIGHLIGHTS

  • Turnkey Investment – Fully renovated 42-unit multifamily property with high-quality interior finishes and zero deferred maintenance.
  • Prime Downtown Location – Situated in the heart of Springdale, AR, with easy access to dining, retail, and local attractions.
  • Stable & Growing Economy – Springdale benefits from Northwest Arkansas’ booming economy, strong job market, and population growth.
  • Value-Add Potential – Current rents remain below market, providing immediate upside through rent growth.
  • Strong Market Fundamentals – Blue Crane’s nearby Class A multifamily development signals continued growth and rising rental demand.

PROPERTY FACTS

No. Units 42
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.98 AC
Building Size 30,000 SF
Average Occupancy 95%
No. Stories 2
Year Built/Renovated 2000/2024
Parking Ratio 1.76/1,000 SF
Zoning MF-12

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Washer/Dryer Hookup
  • Kitchen
  • Oven
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Pet Play Area
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 22 - 400 - 564
2+1 20 - 644 - 740

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 815-28423-000
  • 815-28425-000
  • 815-28419-001
  • 815-28422-000
Land Assessment
$49,070
Improvements Assessment
$533,340
Total Assessment
$582,410
  • Listing ID: 35636232

  • Date on Market: 4/25/2025

  • Last Updated:

  • Address: 305-317 Berry St, Springdale, AR 72764

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