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Gran Creûx Estate Gran Creûx Way 65 Unit Apartment Building For Sale Magnolia, AR 71753
Investment Highlights
- 100% New Roofs and HVAC
- Marshalling Yard and Flex Space included - additional income opportunity
- Fully Upgraded Plumbing and Electrical
- Major Employers in the Area: Aerojet Rocketdyne, Lockheed Martin, Raytheon, and Spectra Technologies
Executive Summary
Gran Creux Estate has been repositioned under current ownership into a well-maintained, tightly operated multifamily asset with a controlled-access footprint uncommon for the market.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
| Sale Type | Investment | Lot Size | 15.00 AC |
| No. Units | 65 | Building Size | 47,115 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1981 |
| Building Class | C | Parking Ratio | 2.33/1,000 SF |
| Zoning | C1 | ||
| Sale Type | Investment |
| No. Units | 65 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 15.00 AC |
| Building Size | 47,115 SF |
| Average Occupancy | 98% |
| No. Stories | 1 |
| Year Built | 1981 |
| Parking Ratio | 2.33/1,000 SF |
| Zoning | C1 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Security System
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Family Room
- Patio
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- 24 Hour Access
- Security System
- Maintenance on site
- Individual Locking Bedrooms
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 420 |
| 1+1 | 7 | - | 559 |
| 2+1 | 26 | - | 710 |
| 3+1 | 20 | - | 826 |
| 4+1.5 | 1 | - | 1,101 |
| 5+2 | 1 | - | 1,101 |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $101,538 | |
| Land Assessment | $26,048 | Total Assessment | $127,586 |
Property Taxes
Parcel Numbers
Land Assessment
$26,048
Improvements Assessment
$101,538
Total Assessment
$127,586
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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