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Listing Courtesy of: Home Design And Realty L.L.C. - 501-217-9909

Description for 300 Evening Sunset Valley

MLS# 16033675

HD Realty is pleased to present Sunset Place, a stabilized 100%+(with waiting list) leased 77 unit multifamily development! Located in Redfield, Arkansas, this luxury community features unparalleled safety, comfort, and convenience. Built between 2010-2019, the property includes high-end, contemporary unit finishes at a competitive price point and cap rate compared to assets nearby.

General Features Property for Sale

  • Price
    $21,500,000
  • MLS#
    16033675
  • Number of Stories
    1
  • Year Built
    2017
  • County
    Jefferson
  • Subdivision
    City Of Redfield
  • Approx. Lot Size
    5
  • Approx. Acreage*
    5

Additional Details

General

Approx Acreage : 5
Approx Bldg S Q F T : 104950
Area Amenites : Barbecue Grill, Clubhouse, Manager Office, Picnic Area, Playground, Security, Swimming Pool(s)
Foundation : Slab
New Construction : Yes
Possession : Negotiable
Source Of Square Feet : Tax Records
Style : Contemporary

Financial

Annual Expenses : $205,775
Annual Income : $1,327,200
Annual Taxes : $75,000
Expenses Include : Accounting, Advertising, Electric, Gas, Insurance, Legal, Licenses, Maint./Lawn Care, Management, Payroll, Pest Control, Taxes, Trash, Utilities, Water/Sewer
First B R Maximum Rent : 0
First B R Minimum Rent : 0
Lease Type : Restrictions On Pets, Semi-Annually
Tenant Expenses : All Utilities
Warranty : As-Is, Prsnt Cnd at Clsng

Interior

Ceiling : Vault Ceiling
Floors : Tile, Vinyl, Wall-To-Wall Carpet
Interior Features : Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Balcony/Loft, Breakfast Bar, Closet - Walk In, Fan - Ceiling, Marble, Primary Bedroom With Bath, Security System
Kitchen Equipment : Dishwasher, Disposal, Electric Range, Microwave
Walls : Sheet Rock

Exterior

Exterior : Brick & Frame Combo
Exterior Features : Partially Fenced, Storage Building, Guttering, Lawn Sprinkler, Dumpster, Dog Run, Pool - Inground, Patio, Covered, Porch, Club House, Wood Fence
Roof : Architectural Shingle

Lot

Approx Lot Size : 5
Lake : Yes
Lot : Level, Pond
River : No
Roadsurface : Paved
Will Subdivide : No
Zoning : Multi-Fami

Equipment

Energy Features : Extra Insulation, Insulated Doors, Insulated Windows
Heating And Air Cond : Central Cool-Electric, Central Heat-Electric
Utilities : Electric-Municipal, Gas-Natural, Sewer-Public, Tv-Cable

Community

Golf : No

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Market Research

This Property

  • $21,500,000

    List Price

  • 2262

    Days on Website (Nov 17, 2016)

Redfield Multi-Family Values

  • $1,400,000

    Average List Price

  • 490

    Average Days on Market

  • (N/A)

    Average Sold Price

  • 129

    Number of Properties for Sale

Request Details

Hi, Are you curious about this property? Contact us with any questions.

Listing Courtesy of: Home Design And Realty L.L.C. - 501-217-9909
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than Crye-Leike are marked with the Broker Reciprocity SM logo and information about them includes the name of the listing brokers. The broker operating this web site believes the data here to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. For the most current information, contact Crye-Leike, REALTORS®. This data is updated daily. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Copyright 2023 Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. All rights reserved.