RE/MAX Platinum Pine Bluff
Listed by RE/MAX Platinum Pine Bluff
$1,600,000
2123 South Blake Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 21,630
Units 36
Cap Rate 11.00%
Tenancy Multi
Rent Bumps No
Class C
Lot Size (SqFt) 75,794
34 of 36 Units Rented!
Marketing description
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.
Investment highlights
Strong In-Place Cash Flow
High Occupancy Asset
Simple Unit Mix
Single Location
Listing Contacts
RE/MAX Platinum Pine Bluff
Listed by RE/MAX Platinum Pine Bluff
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
