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106-Unit Multifamily Apartment Complex
For Sale
Contact for pricing
Pending

4301 Kinkead Ave, Fort Smith, AR 72903

Two apartment communities on the same parcel totaling 106 units, with on-site laundry and shared maintenance facilities.

Property SizeContact for details
Days on Market117

Property Features for 4301 Kinkead Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Belle Point Commercial Properties
Listed By: Joshua Harmon Sr. · License #AR PB00080746
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Aug 4 at 3:56AM

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 Belle Point Commercial Properties

Investment Insights

Based on property information with market context.

Boardwalk Terrace and College Terrace Apartments is a 106-unit multifamily property located on 4 acres at the intersection of Kinkead Avenue and N. Albert Pike. The property is comprised of two complexes on the same parcel: Boardwalk Apartments with 63 units and College Terrace Apartments with 43 units.

Boardwalk Apartments offer a mix of apartment types including 1 bed/1 bath, 2 bed/1 bath, 2 bed/2 bath, and 3 bed/2 bath, with 4 bed/2 bath units. The property includes an excess of green space, a playground, and two maintenance rooms. College Terrace is described as a 43-unit market-rate community with a studio and 1 bed/1 bath and 2 bed/1 bath unit mix.

On-site amenities include an on-site laundry room, maintenance room, and a shared office with Boardwalk. The current ownership has not completed unit remodels, and financials and rent roll are available upon request. Showings are scheduled by the listing firm on specified tour dates and residents should not be disturbed.

Key Highlights

  • 106‑unit multifamily property on 4 acres at the intersection of Kinkead Avenue and N. Albert Pike
  • Boardwalk Terrace: 63 units with a mix of 1 bed/1 bath, 2 bed/1 bath, 2 bed/2 bath, 3 bed/2 bath, and 4 bed/2 bath
  • College Terrace: 43‑unit market‑rate community with Studio, 1 bed/1 bath, and 2 bed/1 bath units

Property Analytics

Current Use

Boardwalk College Terrace ... Apartment Building Collage Terrace Hotel & Motel College Terrace Hotel & Motel

Suggested Use

Top Pick Electrical Service HVAC Service Computer & Electronic Repair Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store

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

58
Businesses Nearby

Demographics for 72903, AR

25,225
Population
12,079
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
16.2 sq mi
ZIP Area
1,557
Density / Sq Mi
$60,186
Median Household Income
$36,560
Median Earnings
$804
Median Rent
$216,200
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 - Two apartment communities on the same parcel totaling 106 units, with on-site laundry and shared maintenance facilities.
Where is this apartment building located?
The property is located at 4301 Kinkead Ave Fort Smith, AR.
What are key features of this property?
This property features: 106‑unit multifamily property on 4 acres at the intersection of Kinkead Avenue and N. Albert Pike; Boardwalk Terrace: 63 units with a mix of 1 bed/1 bath, 2 bed/1 bath, 2 bed/2 bath, 3 bed/2 bath, and 4 bed/2 bath; College Terrace: 43‑unit market‑rate community with Studio, 1 bed/1 bath, and 2 bed/1 bath units
(479) 719-0344 Call to check price and availability
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