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Investment Highlights

  • Capex-light Acquisition
  • Excellent Long-term Appreciation & Rent Growth Potential
  • Diversified Unit Mix

Executive Summary

This rare downtown Conway portfolio presents a fully stabilized investment opportunity in one of Central Arkansas' fastest-growing markets. Every property has been comprehensively renovated from top to bottom, featuring high-quality improvements and requiring minimal near-term capital expenditures. The portfolio is 96% leased to established, high-quality tenants, providing immediate and dependable cash flow.
Strategically positioned along the highly sought-after Downtown Conway corridor, these assets benefit from exceptional visibility, strong pedestrian activity, and proximity to the city's expanding mix of restaurants, retail, entertainment, and professional services. Conway continues to experience sustained population and employment growth, supported by three colleges and universities, a diverse local economy, and ongoing public and private investment throughout the downtown district.
Downtown Conway has become one of Arkansas' most desirable commercial corridors, with increasing demand from both tenants and investors and a limited supply of quality renovated assets. This portfolio offers investors the opportunity to acquire turnkey properties in a market with strong long-term fundamentals, stable occupancy, and meaningful appreciation potential.
Investment highlights include:
• Fully renovated, turnkey assets
• 96% occupied with quality tenants
• Immediate, stable cash flow
• Prime locations throughout the Downtown Conway corridor
• Strong market fundamentals with continued economic and population growth
• Excellent long-term appreciation and rent growth potential
• Rare opportunity to acquire multiple stabilized assets in a high-demand market

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual $99,999
Vacancy Loss (CAD)
Annual $99,999
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $12,941,917 CAD
Price / SF $213.28 CAD / SF
Cap Rate 7.03%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 60,680 SF
Total Land Area 3.99 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1608 Cherry St, Conway, AR 72032 Multifamily 38,342 SF 2000 -
2200 Washington Ave, Conway, AR 72032 Multifamily 11,842 SF 1970 -
1313 Elm St, Conway, AR 72034 Multifamily 10,496 SF 1987 -
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  • Listing ID: 41539327

  • Date on Market: 2026-08-03

  • Last Updated:

  • Address: Conway 84 Unit MultiFamily Package, Conway, AR

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