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Upgraded Apartment and Storage Property
For Sale
Contact for pricing
Pending

1002 N Hemlock St, Pine Bluff, AR 71602

Apartment complex includes upgraded units, adjacent self-storage, and an additional vacant building.

Property SizeContact for details
Days on Market142

Property Features for 1002 N Hemlock St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Self-Storage Units 255
Listing Agency: VULCAN GROUP
Listed By: Steve Nunnelley · License #AL 000117995 - 1
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VULCAN GROUP

Investment Insights

Based on property information with market context.

This multifamily property comprises 49 efficiency apartments, with units measuring approximately 400 square feet. Many interiors feature ceramic tile, dividing walls, or conversion to one-bedroom layouts. Upgrades were completed in 48 of the 49 units between 2010 and 2021. Building improvements include a metal roof installed in 2019 and metal stairs added in 2017.

The apartment community is accompanied by 255 self-storage units at adjacent and adjoining locations. The package also includes a vacant 6,000-square-foot building that may accommodate indoor storage or commercial leasing, along with a single-family rental used for onsite manager compensation. The property is in Pine Bluff, Arkansas, approximately 45 minutes south of Little Rock.

Key Highlights

  • 49 apartment units, each approximately 400 square feet
  • 48 of 49 units upgraded between 2010 - 2021
  • 255 self‑storage units at adjacent and adjoining locations

Property Analytics

Current Use

Studio One Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply (Bike/Boat/Book/etc) Store Barber Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 71602, AR

16,112
Population
7,489
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
89%
High-School Grad
131.0 sq mi
ZIP Area
123
Density / Sq Mi
$54,936
Median Household Income
$35,644
Median Earnings
$900
Median Rent
$135,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment complex includes upgraded units, adjacent self-storage, and an additional vacant building.
Where is this apartment building located?
The property is located at 1002 N Hemlock St Pine Bluff, AR.
What are key features of this property?
This property features: 49 apartment units, each approximately 400 square feet; 48 of 49 units upgraded between 2010 - 2021; 255 self‑storage units at adjacent and adjoining locations
More about this property
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