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  • Key Facts
  • Description
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Key Facts

Type Apartment
Levels Residential
Size 22323 sqft
Garage No
Maintenance Fees 
Taxes $30,111
Days Active 70
Approx. Age 2001
Avg. Price Per Sqft $237
MLS® Number 1304046

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

The Grove on Berry is fully renovated 42-unit multifamily property in downtown Springdale, AR. This asset presents an exceptional investment opportunity. With high quality interior finishes including full size washers and dryers and no deferred maintenance, this asset offers a true turnkey experience for investors. The property is currently achieving below-market rents, providing a clear path for value appreciation as rental rates align with the growing demand in Springdale. Additionally, its prime location ensures strong tenant appeal, with walkable access to the Razorback Greenway, Downtown shopping and dining establishments, and Luther George Park, offering residents an active and convenient lifestyle. This opportunity presents investors the ability to realize immediate cashflow and exceptional upside. Downtown Springdale has benefited from tremendous investments in new developments, popular food and retail tenants, and several community projects.Show Description
MLS® Number1304046
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorConcrete Driveway
GarageNo
Approx. Age2001
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric
A/CElectric
Heating Fuel

Extras

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