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821 E O St
Russellville, AR 72801
River Valley Flats · 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 Number | 868-50124-000C | Improvements Assessment | $1,665,170 |
| Land Assessment | $29,040 | Total Assessment | $1,694,210 |
Property Taxes
Parcel Number
868-50124-000C
Land Assessment
$29,040
Improvements Assessment
$1,665,170
Total Assessment
$1,694,210
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