Description
OFFERING SUMMARY
ADDRESS
17,20,23,24,26 Oddie Lane, Ward AR
72176
BUILDING SF 9,075 SF
NUMBER OF UNITS 11
YEAR BUILT 2008
OFFERING PRICE $795,750
PRICE PSF $87.69
PRICE PER UNIT $72,341
OCCUPANCY 100.00 %
NOI (CURRENT) $45,406
NOI (Pro Forma) $51,382
CAP RATE (CURRENT) 5.71 %
CAP RATE (Pro Forma) 6.46 %
DEMOGRAPHICS 1MILE 3 MILES 5 MILE
2022 Population 1,347 7,994 25,098
2022 Median HH Income $56,617 $56,314 $62,877
2022 Average HH Income $70,406 $72,403 $80,887
FINANCIAL SUMMARY
**Investment Potential:** Ward, Arkansas, offers a promising real estate landscape, making it an ideal location for property investments. With a growing population and a thriving local economy, the demand for quality rental properties in the area continues to rise. Investing in our apartments presents a lucrative opportunity to generate consistent rental income and secure long-term financial growth.
**Rental Market:** The rental market in Ward, Arkansas, remains strong, driven by a diverse mix of professionals, families, and individuals seeking a vibrant community to call home. With limited available rental properties, Oddie Apartments stands out as an attractive option, offering a range of amenities and a convenient location. This high demand ensures a steady stream of tenants, providing an excellent return on investment.
**Location:** Nestled in the charming city of Ward, Arkansas, the Oddie apartment complex offers a fantastic investment opportunity for discerning individuals looking to capitalize on the thriving real estate market. Located in a prime area, Oddie Apartments are situated within proximity to essential amenities, ensuring convenience for both residents and potential tenants.
Property Features: Oddie Apartments comprises multiple buildings, each housing a variety of thoughtfully designed apartments, all units are spacious two residences. The apartments are equipped with high-quality fixtures, ample storage space, and contemporary finishes, providing a comfortable and stylish living experience for residents.
Get in touch with the Vip Commercial Team at 407-453–3415 today! We’re eager to provide you with comprehensive information and support to meet your needs. Don’t hesitate to reach out!