Property profile

324 Russell Dr Jonesboro, AR 72401

FOR SALE
Apartment buildings
Property ID
US05-0915901
Built 1978
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Property summary

AI-generated overview

The Vue on Sybel & Russell Apartments is a 7-unit, 5,950-square-foot multifamily community located within an established residential area of Jonesboro, Arkansas. The property benefits from proximity to key employment drivers, retail corridors, and essential services, supporting consistent rental demand. This stabilized, income-producing asset presents a compelling opportunity for investors seeking scale-appropriate exposure in a growing secondary market. With a manageable unit count and clear operational upside, The Vue on Sybel & Russell offers an attractive acquisition for both local and regional multifamily investors. 5,950 Rentable SF across 7 Units in 2 adjacent Apartment Buildings Stabilized cash-flowing asset with historically exceptional occupancy. Renovated in 2022 with room to add additional value through further upgrades. By securing an asset that has already undergone significant capital improvements we mitigate immediate execution risk while positioning the property to capture "Class B+" rents at a "Class C" acquisition basis.

Property profile

Verified
Property type Apartment buildings
Year built 1978
UPID US05-0915901

Cap rate & NOI

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

Location

324 Russell Dr Jonesboro, AR 72401
Jonesboro metro
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Value estimations

Realmo proprietary · 4 methods
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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?”
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