Listing Agency: Coldwell Banker Village Communities Jonesboro k***@coldwellbanker.com Show Phone

Listed By: Martha Tolson · License #AR

Source: Crexi

Added: Apr 13 Changed: Aug 31 Last Checked: Aug 31 at 3:06AM

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Investment Insights

Based on property information with market context.

This apartment building contains 8 units with a balanced bedroom mix. Four residences have 2 bedrooms and 1 bathroom, while the remaining four offer 1 bedroom and 1 bathroom.

The property is located at 300 Patterson in Bay, Arkansas 72411.

Key Highlights

• 8 total apartment units
• Four 2‑bedroom, 1‑bath units
• Four 1‑bedroom, 1‑bath units

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Nail Salon Spa & Massage Center

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

8

Residential units

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 72411, AR

2,406

Population

1,143

Households

2.1

Avg Household Size

38

Median Age

12%

College-Educated

87%

High-School Grad

36.2 sq mi

ZIP Area

66

Density / Sq Mi

$53,158

Median Household Income

$36,483

Median Earnings

$1,013

Median Rent

$101,300

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 - Apartment property offering a mix of one- and two-bedroom residences.

Where is this apartment building located?

The property is located at 300 Patterson Bay, AR.

What are key features of this property?

This property features: 8 total apartment units; Four 2‑bedroom, 1‑bath units; Four 1‑bedroom, 1‑bath units