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Elm Forrest Apartments 818 W 28th Ave 29 Unit Apartment Building $1,264,629 CAD ($43,608 CAD/Unit) Pine Bluff, AR 71603
Investment Highlights
- Prime 35,000 SF
- Ideal for multifamily/high-rise development
- 29 units
- Strategic location in Pine Bluff area
Executive Summary
Introducing a prime investment opportunity in Pine Bluff, AR! This impressive property, located at the intersection of 28th and Elm, boasts a spacious 35,000 SF building, comprising 29 units perfectly suited for multifamily or high-rise development. With a prime location in the thriving Pine Bluff area, this property presents a compelling investment prospect for those seeking to capitalize on the growing demand for urban living spaces. Offering ample space and potential for customization, this property is poised to meet the needs of discerning investors looking to make their mark in this dynamic real estate market.
Property Facts
| Price | $1,264,629 CAD | Building Class | C |
| Price Per Unit | $43,608 CAD | Lot Size | 0.83 AC |
| Sale Type | Investment | Building Size | 35,000 SF |
| No. Units | 29 | Average Occupancy | 38% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Garden | ||
| Zoning | MF | ||
| Price | $1,264,629 CAD |
| Price Per Unit | $43,608 CAD |
| Sale Type | Investment |
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 35,000 SF |
| Average Occupancy | 38% |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | MF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $822.10 CAD | 650 |
| 2+1 | 18 | $818.59 CAD | 934 |
| 2+2 | 9 | - | 934 |
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Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $279,452 CAD | |
| Land Assessment | $8,396 CAD | Total Assessment | $287,848 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$8,396 CAD
Improvements Assessment
$279,452 CAD
Total Assessment
$287,848 CAD
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Elm Forrest Apartments | 818 W 28th Ave
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