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Searcy Multifamily Portfolio - 141 units 4 Multifamily Properties in Searcy, AR



INVESTMENT HIGHLIGHTS
- Turnkey Investment - These assets have undergone major capital improvements with high quality interior upgrades and little to no deferred maintenance.
- Excellent Location - Located 45 minutes north of Little Rock, and minutes away from Harding University, Searcy is primed for growth and development.
- Market Scale - This offering present a buyer to have immediate scale in Searcy, aligning management and maintenance procedures.
EXECUTIVE SUMMARY
Brick Real Estate is proud to present the Searcy Multifamily Portfolio that can be purchased by individual asset or as a package. Made up of 141 units, this offering provides immediate scale to the central Arkansas market with professional management in place. These assets have undergone significant capital improvements including new roofs, windows, HVACs, and extensive interior renovations at select properties. Interior renovations include new LVP flooring, new cabinets, quartz countertops, stainless steel appliances, tiles backsplash, tiled showers, and modern plumbing and lighting fixtures. With the entire portfolio being located within a few miles of each other, ownership can capitalize on maintenance and management efficiency. Searcy has an estimated population of 24,000 residents and one of the biggest economic drivers is Harding University, the largest private, Christian school in the state. All properties are within a 6 minute drive of campus, with 409 E Park being just blocks away. This is an excellent opportunity for an investor to enter the Searcy market with stable, in-place cash flow. Reach out for additional details and financials.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 164,354 SF |
| Number of Properties | 4 | Total Land Area | 8.42 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 164,354 SF |
| Total Land Area | 8.42 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Finley Downtown
300 W Center Ave, Searcy, AR 72143 |
Multifamily | 74,487 SF | 1976 | - |
| 28-32 Stoneybrook Ln, Searcy, AR 72143 | Multifamily | 51,900 SF | 1979 | - |
|
CJ's Place Apartments
709 Melody Ln, Searcy, AR 72143 |
Multifamily | 20,000 SF | 1987 | - |
|
Village Apartments
205 W Woodruff Ave, Searcy, AR 72143 |
Multifamily | 17,967 SF | 1990 | - |
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Brick Real Estate
Searcy Multifamily Portfolio - 141 units
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