324 Russell Dr, Jonesboro, AR 72401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.