1810 Bishop Road
Property Description
Westside Village Apartments is a well-maintained, 40-unit garden-style community situated on +/-3.81 acres at 1810 Bishop Road in Bryant, AR-one of Central Arkansas' fastest-growing suburbs with immediate access to I-30, Bishop Park, and the Alcoa/Reynolds retail corridor. The property features a balanced unit mix of 16 one-bedroom flats (+/-646 SF) and 24 two-bedroom flats (+/-834 SF), all-electric systems, central HVAC, tenant paid water, on-site laundry, and proximity to Bryant's highly rated school district, making it a proven choice for stable workforce housing. Current market rents (~$735 for 1BR; ~$805-$855 for 2BR with washer/dryer connections) remain below Bryant's averages ($942 for 1BR; $1,182 for 2BR), presenting immediate mark-to-market growth potential. Recent ownership has invested in significant upgrades, including the installation of stone countertops in most kitchens, replacement of the majority of HVAC units and water heaters, new ceiling fans, and updated appliances-positioning the property for both strong in-place cash flow and additional value-add upside.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,800,000 |
| No. of Units: | 40 |
| Year Built: | 1985 |
| Lot Size: | 30,228.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $95,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-CARMLS-25038162
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1825 S Crawford Road
Mt Pleasant, Michigan
1825 S Crawford Road
Mt Pleasant, Michigan
1825 S Crawford Road
Mt Pleasant, MichiganBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout