14-Unit Apartment
For Sale
$749,900
1600 N Lane Street, Pine Bluff, AR 71602
Fourteen-unit apartment building with recent capital improvements and reported fully occupied operations.
Property SizeContact for details
Days on Market90
Property Features for 1600 N Lane Street
General Information
Standard status
Active
Property subtype
Multi Family Home
Zoning
CI
Additional Details
Business Included
No
Multifamily Units
14
Building Details
Year Built
1981
Stories
1
Units
14
Tenancy
Multi
Listing Agency:
Danali Real Estate
(501) 223-2737
Listed By:
Jeffrey Johnston
Source:
Proeliterealty
Added: May 15
Changed: Aug 8
Last Checked: Aug 11 at 2:55PM
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 Danali Real Estate
Investment Insights
Based on property information with market context.
This offering is a 14-unit apartment complex. Public remarks indicate the property has received more than $70,000 in capital improvements over the last three years.
According to the seller’s statements, the complex has operated with strong occupancy, including a waiting list. Average rents are reported at $485, with further upgrades referenced as a way to support rent growth.
The property is being offered for sale as a multifamily/residential income asset and is positioned as an income-producing apartment building based on the information provided.
According to the seller’s statements, the complex has operated with strong occupancy, including a waiting list. Average rents are reported at $485, with further upgrades referenced as a way to support rent growth.
The property is being offered for sale as a multifamily/residential income asset and is positioned as an income-producing apartment building based on the information provided.
Key Highlights
- 14‑unit apartment building, year built 1981
- Reported fully occupied operations with a waiting list
- Over $70,000 in capital improvements reported over the last three years
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fourteen-unit apartment building with recent capital improvements and reported fully occupied operations.
Where is this apartment building located?
The property is located at 1600 N Lane Street Pine Bluff, AR.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 14‑unit apartment building, year built 1981; Reported fully occupied operations with a waiting list; Over $70,000 in capital improvements reported over the last three years
