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316 Drake St
Jonesboro, AR 72401
Drake Street Apartments · Immeuble residentiel Propriété À vendre
·
6 Unités


Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Rents are currently $109 below the market rate, offering immediate value-add potential
- 8 Miles (16 minute drive) from Craighead Technology Park, 2,100 acres of land serving as a hub for high-tech industries bringing high-skilled jobs to
- 1.5 Miles (4 minute drive) from Arkansas State University and downtown Jonesboro
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap has been selected to exclusively market for sale the Drake Street Apartments in Jonesboro, AR. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in downtown Jonesboro.
Drake Street Apartments, located in Jonesboro, AR, presents an immediate value-add opportunity with current rents approximately $109 below the market rate. Situated just 1.5 miles from both Arkansas State University and downtown Jonesboro, the property benefits from strong demand drivers, including student and young professional tenants. Additionally, it is 8 miles from the 2,100-acre Craighead Technology Park, a regional employment hub attracting high-skilled labor in the tech and manufacturing sectors. The three buildings are separately metered and feature durable slab construction, Plex plumbing, and copper wiring. All units include in-unit washer and dryer appliances, enhancing tenant appeal and supporting future rent growth.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE DRAKE STREET APARTMENTS.
Drake Street Apartments, located in Jonesboro, AR, presents an immediate value-add opportunity with current rents approximately $109 below the market rate. Situated just 1.5 miles from both Arkansas State University and downtown Jonesboro, the property benefits from strong demand drivers, including student and young professional tenants. Additionally, it is 8 miles from the 2,100-acre Craighead Technology Park, a regional employment hub attracting high-skilled labor in the tech and manufacturing sectors. The three buildings are separately metered and feature durable slab construction, Plex plumbing, and copper wiring. All units include in-unit washer and dryer appliances, enhancing tenant appeal and supporting future rent growth.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE DRAKE STREET APARTMENTS.
FAITS SUR LA PROPRIÉTÉ
| Prix par unité | 183 857 $ CAD | Classe d’immeuble | B |
| Type de vente | Investissement | Taille du lot | 0,62 AC |
| Taux de capitalisation | 6,62% | Taille du bâtiment | 6 600 pi² |
| Nombre d’unités | 6 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 2022 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,97/1 000 pi² |
| Style d’appartement | Maison en ville | Zone de développement économique |
Oui
|
| Zonage | R-3 - District multifamilial à haute densité. La densité maximale dans cette zone est de dix-huit (18) unités d'habitation à l'acre. | ||
| Prix par unité | 183 857 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,62% |
| Nombre d’unités | 6 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Maison en ville |
| Classe d’immeuble | B |
| Taille du lot | 0,62 AC |
| Taille du bâtiment | 6 600 pi² |
| Nombre d’étages | 2 |
| Année de construction | 2022 |
| Ratio de stationnement | 1,97/1 000 pi² |
| Zone de développement économique |
Oui |
| Zonage | R-3 - District multifamilial à haute densité. La densité maximale dans cette zone est de dix-huit (18) unités d'habitation à l'acre. |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Prêt pour le câble
- Lave-vaisselle
- Traitement des déchets
- Micro-ondes
- Ventilateurs de plafond
- Planchers de tuiles
- Cuisine
- Comptoirs de granit
- Électroménagers en acier inoxydable
- Bain/Douche
- Tapis
- Salle de séjour
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 2+2 | 6 | - | 1 100 |
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 171 677 $ CAD | |
| Évaluation du terrain | 8 307 $ CAD | Évaluation totale | 179 984 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
8 307 $ CAD
Évaluation des bâtiments
171 677 $ CAD
Évaluation totale
179 984 $ CAD
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