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Property profile & analytics
OFF-MARKET
Apartment buildings

2505 Ridgeland Cir Pocahontas, AR 72455

37.4 ac lot Built 2017
Property ID
Property summary
AI-generated overview

Ridgeland Townhomes presents a compelling investment opportunity in Pocahontas, Arkansas. This 48-unit apartment building, constructed in 2017, boasts a substantial 74,808 square feet of net rentable space. Situated on a generous 37.4-acre lot, the property offers significant potential for future development. Its strategic location in the heart of Pocahontas, near the Peco Foods Plant, ensures high occupancy rates and strong rental income. The property's central location provides residents with easy access to local amenities and services. The building itself offers a comfortable and convenient living experience for tenants. The asking price for this exceptional multifamily property is $4,900,000. This represents a rare chance to acquire a well-established, high-performing asset with considerable upside potential in a growing market. The substantial lot size provides ample room for expansion or the addition of complementary amenities, further enhancing the property's value and appeal. This is an ideal investment for those seeking a stable, high-yield return in a desirable location. The property's strong performance history and promising future prospects make it a truly exceptional investment opportunity. Detailed financial information is available upon request.

Property profile
Verified
Property type Apartment buildings
Year built 2017
Lot 37.4 ac (1,629,144 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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