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29-Unit Apartment Building
For Sale
Contact for pricing
Pending

2003-2007 Belt, Jonesboro, AR 72401

Updated apartment community with on-site laundry and an active lease-up program.

Property SizeContact for details
Days on Market143

Property Features for 2003-2007 Belt

General Information

Standard status Pending
Property subtype Multifamily, Land

Units

Unit Mix 29 x 1BR/1BA
Multifamily Units 29

Amenities

on-site laundry
Listing Agency: Coldwell Banker Commercial Village Communities
Listed By: Kodi Griffin · License #AR
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 1 at 12:15PM

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 Coldwell Banker Commercial Village Communities

Investment Insights

Based on property information with market context.

The property is a 29-unit apartment community consisting entirely of one-bedroom, one-bath residences. An equipment-owned laundry facility serves the site. Since 2020, improvements have included roof replacements, vinyl siding, window HVAC units, new sewer lines, and interior work across the unit inventory. Nineteen apartments received full interior renovations, while the remaining 10 received partial renovations.

The property is a short distance from Arkansas State University, Riceland Foods, and Jonesboro Historic Downtown. Lease-up activity is currently underway, providing an operating focus on occupancy. The combination of renovated units, updated exterior and infrastructure components, and an on-site laundry facility defines the current configuration.

Key Highlights

  • 29‑unit apartment community with all 1 bed / 1 bath units
  • 19 units fully renovated and 10 partially renovated
  • Improvements since 2020 include new roofs, vinyl siding, window HVAC units, and sewer lines

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Plumbing Service Kitchen & Bath Showroom Grocery & Convenience Store Furniture & Home Goods HVAC Service

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

Lease Details

29
Residential units

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby

Demographics for 72401, AR

43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated apartment community with on-site laundry and an active lease-up program.
Where is this apartment building located?
The property is located at 2003-2007 Belt Jonesboro, AR.
What are key features of this property?
This property features: 29‑unit apartment community with all 1 bed / 1 bath units; 19 units fully renovated and 10 partially renovated; Improvements since 2020 include new roofs, vinyl siding, window HVAC units, and sewer lines
(870) 819-6395 Call to check price and availability
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