821 E O St | Russellville, AR 72801
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- LoopNet Team
821 E O St
Russellville, AR 72801
Vista Place Apartments · Multifamily Property For Sale
·
108 Units
INVESTMENT HIGHLIGHTS
- Repositioning Potential - Opportunity to convert from student housing to traditional multifamily, expanding the tenant base
- Unique Unit Mix – Only property in the market offering four-bedroom/four-bathroom layouts
- Attractive Amenity Package – Clubhouse, pool, fitness center, tanning bed, barbecue/picnic area, and game room support resident retention
- Modern Vintage – Built in 2008, Vista Place is newer than most competing properties in Russellville
- Value-Add Opportunity – Significant upside through capex investment, deferred maintenance remediation, and operational improvements
- Proximity to Major Demand Drivers – 1.5 miles from Arkansas Tech University, and close to major employers including Arkansas Nuclear One
PROPERTY FACTS
| No. Units | 108 | Lot Size | 7.50 AC |
| Property Type | Multifamily | Building Size | 129,600 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2008 |
| Building Class | B | Parking Ratio | 2.72/1,000 SF |
| Zoning | MF - Apthr - Apartments | ||
| No. Units | 108 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 7.50 AC |
| Building Size | 129,600 SF |
| No. Stories | 3 |
| Year Built | 2008 |
| Parking Ratio | 2.72/1,000 SF |
| Zoning | MF - Apthr - Apartments |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Ceiling Fans
- Eat-in Kitchen
- Vaulted Ceiling
- Refrigerator
- Range
- Walk-In Closets
- Carpet
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Picnic Area
- Pool
- Property Manager on Site
- Tanning Salon
- Furnished Units Available
- Gameroom
- Wi-Fi
- Maintenance on site
- Online Services
- Roommate Matching
- Individual Leases Available
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 108 | - | 1,200 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,665,170 | |
| Land Assessment | $29,830 | Total Assessment | $1,695,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$29,830
Improvements Assessment
$1,665,170
Total Assessment
$1,695,000
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