20-Unit Apartment
For Sale
Contact for pricing
Pending
514 North 14th Street, Paragould, AR 72450
20-unit apartment community built in 1993, fully renovated in 2020, with tenant-paid electricity and on-site storage.
Property Size17,900 SF
Days on Market44
Property Features for 514 North 14th Street
General Information
Standard status
Pending
Size
17,900 SF
Class
B
Total Parking Spaces
20
Property subtype
Multifamily
Zoning
RI
Occupancy
90%
Investment Type
Value Add
Additional Details
Multifamily Units
20
Amenities
off-street parking
on-site storage building
Building Details
Year Built
1993
Year Renovated
2016
Buildings
3
Units
20
Tenancy
Multi
Construction
brick
Listing Agency:
Joe Capital Group
Listed By:
Kyle Robertson · License #OR.
Source:
Crexi
Added: Jul 24
Changed: Aug 28
Last Checked: Aug 26 at 9:17PM
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 Joe Capital Group
Investment Insights
Based on property information with market context.
This 20-unit apartment community was built in 1993 and underwent a comprehensive renovation in 2020. The property is described as a well-maintained brick community with spacious apartments. Residents pay electricity, while ownership pays water, sewer, and trash, supporting predictable operating expenses.
The community includes a large off-street parking lot, an on-site storage/maintenance building, and professionally maintained landscaping and common areas. The setting includes expansive green space as part of the property’s curb appeal.
Located at 514 North 14th Street in Paragould, Arkansas, the property is positioned within Northeast Arkansas’ rental market. The offering is presented as a value-add opportunity centered on continued rent optimization after the major renovation work was completed.
The community includes a large off-street parking lot, an on-site storage/maintenance building, and professionally maintained landscaping and common areas. The setting includes expansive green space as part of the property’s curb appeal.
Located at 514 North 14th Street in Paragould, Arkansas, the property is positioned within Northeast Arkansas’ rental market. The offering is presented as a value-add opportunity centered on continued rent optimization after the major renovation work was completed.
Key Highlights
- 20‑unit apartment community built in 1993
- Renovated in 2020
- Tenant‑paid electricity; owner pays water, sewer, and trash
Property Analytics
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
Explore this area
Business Placement
Demographics for 72450, AR
39,945
Population
16,784
Households
2.4
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
285.3 sq mi
ZIP Area
140
Density / Sq Mi
$56,390
Median Household Income
$37,008
Median Earnings
$865
Median Rent
$169,100
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 - 20-unit apartment community built in 1993, fully renovated in 2020, with tenant-paid electricity and on-site storage.
Where is this apartment building located?
The property is located at 514 North 14th Street Paragould, AR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 20‑unit apartment community built in 1993; Renovated in 2020; Tenant‑paid electricity; owner pays water, sewer, and trash
