Property profile

2123 South Blake St Pine Bluff, AR 71603

FOR SALE
Apartment buildings
Property ID
US05-2173585
21,630 SF
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Property summary

AI-generated overview

36-unit apartment complex consisting of all 1 bedroom, 1 bathroom units located on a busy, high-visibility street in Pine Bluff. Property is currently 34/36 occupied, offering immediate cash flow with upside through lease-up of remaining units. Strong rental demand in the area with consistent occupancy history. Each unit is efficiently designed for ease of maintenance and tenant appeal. Excellent exposure and accessibility make this property ideal for long-term hold or value-add investment strategy. Located near major thoroughfares, shopping, and employment centers.

Property profile

Verified
Property type Apartment buildings
Total area 21,630 SF
UPID US05-2173585

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Location

2123 South Blake St Pine Bluff, AR 71603
Pine Bluff metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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