Walnut Ridge Portfolio — Sale in Walnut Ridge, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Walnut Ridge, AR 72476

Photos

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Investment Figures

Cap rate
6.24%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present Walnut Ridge, a 164-unit multifamily portfolio located in Walnut Ridge, Arkansas. Constructed between 2020 and 2023, the portfolio provides investors with modern Class A communities and control of more than 50% of the city's apartment inventory, creating meaningful pricing power and operational efficiencies. New ownership can further increase NOI through a washer and dryer leasing program projected to create more than $1.6 million in additional property value at a 6.0% capitalization rate, as well as implementation of a $50 monthly water reimbursement program. The portfolio benefits from limited competitive multifamily supply and a diverse employment base supported by Lawrence Memorial Hospital, Williams Baptist University, and the aviation and manufacturing industries surrounding Walnut Ridge Regional Airport. Immediate access to U.S. Highways 63 and 67, including the future Interstate 57 corridor, further strengthens the portfolio's long-term investment position. Investment Highlights: • Control more than 50% of Walnut Ridge's apartment inventory, providing significant pricing power, operational efficiencies, and economies of scale. • Implement a washer and dryer leasing program across 164 units at a $50 monthly premium, creating more than $1.6 million in potential property value at a 6.0% cap rate. • Modern 2020–2023 construction in a supply-constrained market supported by healthcare, higher education, aviation, manufacturing, and expanding regional infrastructure.

Market Context

This multifamily in Walnut Ridge, AR is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Walnut Ridge, AR — view the full market.

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