For Sale
$4,900,000

2505 Ridgeland CirPocahontas, AR 72455

48-Unit Apartment Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
116
Ridgeland Townhomes presents a compelling investment opportunity in Pocahontas, Arkansas. This 48-unit apartment building, constructed in 2017, boasts a substantial 74,808 square feet of net rentable space. Situated on a generous 37.4-acre lot, the property offers significant potential for future development. Its strategic location in the heart of Pocahontas, near the Peco Foods Plant, ensures high occupancy rates and strong rental income. The property's central location provides residents with easy access to local amenities and services. The building itself offers a comfortable and convenient living experience for tenants. The asking price for this exceptional multifamily property is $4,900,000. This represents a rare chance to acquire a well-established, high-performing asset with considerable upside potential in a growing market. The substantial lot size provides ample room for expansion or the addition of complementary amenities, further enhancing the property's value and appeal. This is an ideal investment for those seeking a stable, high-yield return in a desirable location. The property's strong performance history and promising future prospects make it a truly exceptional investment opportunity. Detailed financial information is available upon request.

Highlights

  • $4,900,000 asking price.
  • 48-unit apartment building.
  • 74,808 square feet of net rentable area.
  • Built in 2017.
  • Situated on a 37.4-acre lot.
  • Located in Pocahontas, AR, near the Peco Foods Plant.

Property Details for 2505 Ridgeland Cir

Property type
Apartment buildings
Year Built
2017
Lot Size (sq. ft)
1,629,144 SF
Units
48

Location Insight

City
Pocahontas
County
Randolph
State
Arkansas
Latitude
36.2595452
Longitude
-90.9942604
2505 Ridgeland Cir, Pocahontas, Arkansas

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2505 Ridgeland Cir
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