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2123 South Blake Street
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for purchase in Pine Bluff
- Current occupancy stands at 34 of 36 units rented
- Property offered at an asking price of 1,600,000 dollars
- Investment maintains a cap rate of 11 percent
- Asset features a simple unit mix for streamlined operations
What's Special
Pine Bluff serves as a key industrial and agricultural hub in southeastern Arkansas, benefiting from its strategic location along the Arkansas River. This multifamily apartment building at 2123 South Blake Street presents a functional investment option within a steady regional market. With 36 total units available, the property currently maintains 34 rented spaces, reflecting consistent demand for local housing. The building offers a straightforward unit mix designed to support reliable rental income and long-term occupancy. Investors will find a stable asset with strong in-place cash flow characteristics. The property structure is well-suited for professional management and could serve as a valuable addition to an existing portfolio focused on high-occupancy residential holdings. This single-location asset captures the needs of the local tenant base while offering a proven performance baseline in the Pine Bluff submarket.
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