32-Unit Apartment
For Sale
Contact for pricing
Pending
603 Melrose St, Jonesboro, AR 72401
32-unit multifamily property positioned near major local employers and Historic Downtown, offering a value-add opportunity.
Property SizeContact for details
Days on Market149
Property Features for 603 Melrose St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Opportunity Zone
Yes
Multifamily Units
32
Listing Agency:
Coldwell Banker Commercial Village Communities
Listed By:
Kodi Griffin · License #AR
(870) 275-0749
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 5 at 6:43PM
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 Coldwell Banker Commercial Village Communities
Investment Insights
Based on property information with market context.
The Vue on Fox Hollow is a 32-unit apartment complex offered for sale in Jonesboro, Arkansas. The property is presented as a value-add opportunity with room to increase rent.
The complex is located a short distance from Arkansas State University, Riceland Foods, and Historic Downtown. The Vue is within an Opportunity Zone. It can be sold separately or combined with the entire Vue of Jonesboro portfolio of 264 units, or only the adjoining additional 171 units.
The complex is located a short distance from Arkansas State University, Riceland Foods, and Historic Downtown. The Vue is within an Opportunity Zone. It can be sold separately or combined with the entire Vue of Jonesboro portfolio of 264 units, or only the adjoining additional 171 units.
Key Highlights
- 32‑unit multifamily complex known as The Vue on Fox Hollow
- Located a short distance from Arkansas State University, Riceland Foods, and Historic Downtown in Jonesboro, AR
- Property is in an Opportunity Zone
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 72401, AR
43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
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 - 32-unit multifamily property positioned near major local employers and Historic Downtown, offering a value-add opportunity.
Where is this apartment building located?
The property is located at 603 Melrose St Jonesboro, AR.
What are key features of this property?
This property features: 32‑unit multifamily complex known as The Vue on Fox Hollow; Located a short distance from Arkansas State University, Riceland Foods, and Historic Downtown in Jonesboro, AR; Property is in an Opportunity Zone
