160 Morphew Rd | Hot Springs National Park, AR 71913
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160 Morphew Rd
Hot Springs National Park, AR 71913
Chapel Ridge of Hot Springs · Build-to-Rent Property For Sale
·
88 Units
INVESTMENT HIGHLIGHTS
- All new roofs, vinyl siding, and gutters completed September 2024.
- Attractive mix of one, two, and three bedroom units.
- Turn key apartment with ability to increase revenue.
- Well maintained asset in great location
- Close Proximity to Major Employers
PROPERTY FACTS
| No. Units | 88 | Property Size | 79,888 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1999/2024 |
| Costar Property Class | B | Parking Allocation | 2.15/1,000 sq ft |
| Total Plot Size | 5.52 ac | ||
| Use Class | MF - MF | ||
| No. Units | 88 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | B |
| Total Plot Size | 5.52 ac |
| Property Size | 79,888 sq ft |
| Average Occupancy | 91% |
| No. Floors | 2 |
| Year Built/Renovated | 1999/2024 |
| Parking Allocation | 2.15/1,000 sq ft |
| Use Class | MF - MF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Ceiling Fans
- Refrigerator
- Walk-In Closets
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 24 | - | 674 |
| 2+2 | 40 | - | 937 |
| 3+2 | 24 | - | 1,093 |
PROPERTY TAXES
| Parcel Number | 100-14314-000 | Improvements Assessment | £798,285 |
| Land Assessment | £15,599 | Total Assessment | £813,884 |
PROPERTY TAXES
Parcel Number
100-14314-000
Land Assessment
£15,599
Improvements Assessment
£798,285
Total Assessment
£813,884
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