Property History
MULTI FAMILY PORTFOLIO AUCTION
- 425 Apartment Units Being Sold Across 10 Properties
- Unprecedented Opportunity to Earn Double Digit Cap Rates in an Appreciating Sector of the Country
- You may Bid on Any Property Individually or in Total
- 1 Property in Blytheville AR + 9 Properties in Forrest City AR
- www.AuctionSection.com | 713.594.1576
*** If bid is a minimum of 80% of appraised value, the owners agree to guarantee 100% occupancy for 12 months. 100% occupancy gap, based on rent roll at closing, will be paid at closing. Massive potential to get some double rents for 12 months!
- 425 Apartment Units Being Sold Across 10 Properties
201 Units in Blytheville, 224 Units in Forrest City
- Unprecedented Opportunity to Earn Double Digit Cap Rates in an Appreciating Sector of the Country
Opportunity to Own 50%+/- of the Apartments in a Growing Market
- You may Bid on Any Property Individually or in Total
- 1 Property in Blytheville AR + 9 Properties in Forrest City AR
- www.AuctionSection.com | 713.594.1576
*** If bid is a minimum of 80% of appraised value, the owners agree to guarantee 100% occupancy for 12 months. 100% occupancy gap, based on rent roll at closing, will be paid at closing. Massive potential to get some double rents for 12 months!
Recent renovations include 8 new roofs, HVAC upgrades, 20 down units remodeled and rented and over 30,000 SF of vinyl flooring installed in 2021.
Both properties are located less than one hour from Memphis and near the steel capital of the US. Nucor's recently announced $500m expansion has additionally brought an increased demand for units. This portfolio has a stable and seasoned local management and maintenance teams at both locations and current ownership is located on the west coast, where a part owner is also a licensed real estate broker.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
Rental Market Overview

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