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Colonial & Southland (96 units) 3 Multifamily Properties Offered at $5,562,320 CAD in Multiple Locations
Investment Highlights
- Access & Connectivity
- Education Anchors
- Quality of Life Amenities
- Area Amenities & Demand Drivers
- Off-Street Parking
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Colonial & Southland Apartment Portfolio located at 310 W 22nd Street, 123B Commercial Drive and 131 Commercial Drive in Stuttgart, Arkansas (the “Properties” or the “Portfolio”). The Colonial & Southland Apartment Portfolio consists of three Properties with a total of ninety-six (96) residential units. The Portfolio offers a desirable unit mix comprised of eighteen (18), 1-Bedroom/1-Bathroom units, thirty-four (34), 2-Bedroom/1 Bathroom units, thirty-two (32), 2-Bedroom/1.5-Bathroom units, and twelve (12), 3-Bedroom/2-Bathroom units with 85,547 square feet of living area in 106,934 square feet of gross area situated on a combined 5.69-acres of land. The Portfolio offers ample on-site parking at each Property. The Colonial & Southland Apartment Portfolio is situated on the south side of Stuttgart, an established neighborhood benefiting from ongoing reinvestment and proximity to Stuttgart’s primary commercial area. The Properties enjoy quick access to US Route 79 BUS and US Route 165, the area’s main commercial and commuter corridors, allowing for efficient travel throughout Stuttgart, and surrounding communities. Nearby local retail and community amenities enhance daily convenience and contribute to long-term demand.
Property Facts
| Price | $5,562,320 CAD | Number of Properties | 3 |
| Price / SF | $305.42 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.47% | Total Building Size | 18,212 SF |
| Sale Type | Investment | Total Land Area | 3.23 AC |
| Status | Active |
| Price | $5,562,320 CAD |
| Price / SF | $305.42 CAD / SF |
| Cap Rate | 7.47% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 18,212 SF |
| Total Land Area | 3.23 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| Multifamily | 31,595 SF | 1973 | - | |
| Multifamily | 20,145 SF | 1974 | - | |
|
Colonial Apartments
310 W 22nd St, Stuttgart, AR 72160 |
Multifamily | 18,212 SF | 1990 | - |
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Colonial & Southland (96 units)
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