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Tyler Garden Apartments 1839 Tyler St 19 Unit Apartment Building $2,899,827 CAD ($152,622 CAD/Unit) Conway, AR 72032
Investment Highlights
- FULL OCCUPIED 19-unit multifamily opportunity located in Conway’s established student/retail corridor, less than 0.5 miles from Hendrix College
- All units have been renovated with low-maintenance wood-look tile flooring and updated interior paint
- Additional improvements: low-maintenance rock landscaping, repainted unit doors/numbering, replacement of exterior water shutoffs, new LED lighting
- Attractive unit mix consisting of nine (9) 1-bedroom units (±900 SF) and ten (10) 2-bedroom units (±950 SF)
- Significant capital improvements: new roof (2021), new exterior columns, and renovated common corridors ft. updated doors, flooring, paint & lighting
- Positioned just off Tyler Street (±9,900 VPD), less than 1 mile from Walmart Supercenter, Lowe’s, 10 Fitness, 7 Brew Coffee, Starbucks, and more
Executive Summary
FULLY OCCUPIED 19-unit multifamily investment opportunity strategically located in Conway’s established student and retail corridor, less than 0.5 miles from Hendrix College (1,150 students).
Attractive unit mix consisting of nine (9) 1-bedroom units (±900 SF) and ten (10) 2-bedroom units (±950 SF).
All units have been renovated with low-maintenance wood-look tile flooring and updated interior paint.
Significant recent capital improvements include a new roof (2021), new exterior columns, and renovated common corridors featuring updated doors, flooring, paint, and lighting.
Additional exterior improvements include low-maintenance rock landscaping, repainted unit doors with new numbering, replacement of exterior water shutoffs with ball valves, and upgraded LED exterior lighting.
Positioned just off Tyler Street (±9,900 VPD), providing convenient connectivity to downtown Conway and The Village at Hendrix, a walkable mixed-use neighborhood.
Less than 1 mile from Walmart Supercenter, Lowe’s, 10 Fitness, 7 Brew Coffee, Starbucks, Firehouse Subs, Wendy’s, and numerous other national retailers.
Situated within a dense residential, student, and retail corridor, providing convenient access to everyday shopping, dining, fitness, and services.
Attractive unit mix consisting of nine (9) 1-bedroom units (±900 SF) and ten (10) 2-bedroom units (±950 SF).
All units have been renovated with low-maintenance wood-look tile flooring and updated interior paint.
Significant recent capital improvements include a new roof (2021), new exterior columns, and renovated common corridors featuring updated doors, flooring, paint, and lighting.
Additional exterior improvements include low-maintenance rock landscaping, repainted unit doors with new numbering, replacement of exterior water shutoffs with ball valves, and upgraded LED exterior lighting.
Positioned just off Tyler Street (±9,900 VPD), providing convenient connectivity to downtown Conway and The Village at Hendrix, a walkable mixed-use neighborhood.
Less than 1 mile from Walmart Supercenter, Lowe’s, 10 Fitness, 7 Brew Coffee, Starbucks, Firehouse Subs, Wendy’s, and numerous other national retailers.
Situated within a dense residential, student, and retail corridor, providing convenient access to everyday shopping, dining, fitness, and services.
Property Facts
| Price | $2,899,827 CAD | Building Class | B |
| Price Per Unit | $152,622 CAD | Lot Size | 2.00 AC |
| Sale Type | Investment | Building Size | 17,617 SF |
| No. Units | 19 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1999 |
| Apartment Style | Low-Rise | Parking Ratio | 2.27/1,000 SF |
| Zoning | MF-3 - Multifamily District | ||
| Price | $2,899,827 CAD |
| Price Per Unit | $152,622 CAD |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.00 AC |
| Building Size | 17,617 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1999 |
| Parking Ratio | 2.27/1,000 SF |
| Zoning | MF-3 - Multifamily District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
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 |
|---|---|---|---|
| 2+1 | 19 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 710-08207-000 | Improvements Assessment | $259,225 CAD |
| Land Assessment | $72,828 CAD | Total Assessment | $332,054 CAD |
Property Taxes
Parcel Number
710-08207-000
Land Assessment
$72,828 CAD
Improvements Assessment
$259,225 CAD
Total Assessment
$332,054 CAD
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Tyler Garden Apartments | 1839 Tyler St
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