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22-Unit Two-Story Apartment Building
New
For Sale
$700,000

3720 Miramar Drive, Pine Bluff, AR 71603

Professional management is in place for a complex with a consistent one-bedroom layout across its apartments.

Property Size13,104 SF
Price / SF$53.42
Days on Market7

Property Features for 3720 Miramar Drive

General Information

Standard status Active
Size 13,104 SF
Property subtype Residential Income

Units

Unit Mix 22 x 1BR/1BA
Multifamily Units 22

Taxes and HOA fees

Annual Taxes $7,176

Building Details

Stories 2
Listing Agency: Re/Max Platinum
Listed By: Wes Brown · License #PB00087003
Source: Exprealty
Added: Sep 28 Changed: Oct 3 Last Checked: Oct 3 at 2:40AM

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 Re/Max Platinum

Investment Insights

Based on property information with market context.

This 22-unit apartment property spans two stories and sits on a slab foundation. Each apartment has one bedroom and one bathroom, providing a uniform unit mix. The complex contains 13,104 square feet and has professional property management in place.

Fourteen apartments are occupied, with the remaining units available for lease-up. The current occupancy provides rental income, while filling vacant units would increase the number of occupied apartments.

Key Highlights

  • 22 apartment units, each with 1 bedroom and 1 bathroom
  • Two‑story building on a slab foundation
  • 14 of 22 units occupied

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Accounting Firm Cafe & Coffee Shop

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

22
Residential units

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 71603, AR

30,236
Population
13,997
Households
2.2
Avg Household Size
43
Median Age
24%
College-Educated
90%
High-School Grad
167.8 sq mi
ZIP Area
180
Density / Sq Mi
$51,019
Median Household Income
$35,833
Median Earnings
$859
Median Rent
$116,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Professional management is in place for a complex with a consistent one-bedroom layout across its apartments.
Where is this apartment building located?
The property is located at 3720 Miramar Drive Pine Bluff, AR.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 22 apartment units, each with 1 bedroom and 1 bathroom; Two‑story building on a slab foundation; 14 of 22 units occupied
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