324 Russell Dr
- 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 Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 7 |
| Year Built: | 1978 |
| Lot Size: | 0.37 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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