List Search

803 N Clay
Magnolia, AR 71753

Price Upon Request

Apartments For Sale  •  6,720 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,720 SF
  • Lot Size 0.62 AC
  • Building Class B
  • Year Built 1983
0 Transit Score
35 Walk Score

Highlights

Potential to implement a value-add rehab program and increase rents; Property has not received comprehensive interior upgrades since 2012.
Ability to add community amenities such as a sports court, playground, dog run, covered parking, and more.
Potential to implement more aggressive rent increases; current Ownership has managed with the intent of maintaining high occupancy.
Within close proximity to Magnolia’s primary retail corridor, including Wal-Mart Supercenter and numerous restaurants and service providers.
Less than 2 miles east of Southern Arkansas University (SAU), the city’s largest economic driver with ~5,100 students.
Approximately 1 mile from Magnolia Regional Medical Center, a major local employer and the area’s primary healthcare provider.

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes