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Formal tour dates are as follows: July 22nd, July 29th and August 5th. If you are not able to make one of the formal tour dates, please let us know an alternative and we will work to accommodate your schedule. To schedule a tour, please contact Jordan Cortez at Jordan.Cortez@VanguardREA.com or (214) 556-1951. The initial offer due date is Wednesday, August 6th at 4 PM CST. Vanguard Real Estate Advisors and The Webster Corporation are pleased to present the exclusive listing of the Springdale Multifamily Portfolio ("Portfolio") consisting of three apartment communities which are Crutcher Apartments, Springdale Estates and Powell Apartments. They are located in the growing and vibrant Northwest Arkansas city of Springdale. Investors have the opportunity to purchase the 252 unit Portfolio significantly below replacement cost at an asking price of $7,600,000 or $30,159 per unit. In addition, the Portfolio offers investors upside by implementing more aggressive management and leasing strategies. The Portfolio's average occupancy is 92 percent while the Springdale submarket is 96.7 percent occupied per the Sam M. Walton College of Business.
Public Remarks:An investor's dream or live on one side & lease the other. Neighborhood of duplexes w little or no vacancy. Each unit has 3 bedrooms/2 baths / 2 car attached garage. The units have an excellent floor plans & spacious rooms. Both units are currently leased on month to month leases to long time tenants. Complete address of property is 4686 A & B CB Place, Springdale, AR 72764. Tenants would like to remain if possible. Property to sell as is. Contact listing agent for showings