Price: $16,250,000

Price Per Unit: $99,085 | Price Per Square Foot: $99

Dominant Market Share with Pricing Power
Owns over 50% of Walnut Ridge’s apartment inventory with limited competition.

Flat-Rate Water Billing Upside
No current water recapture; add $50/month flat fee for immediate income lift.

Modern, Low-Maintenance Construction
Built 2020–2023 with newer systems, reducing operating expenses.

Washer/Dryer Upside Worth $1.6M+
Install appliances to capture $50/month premium per unit—high-impact value-add.

Operational Efficiencies Through Scale
Tightly clustered assets enable streamlined management and reduced costs.

I-57 Extension to Spark Regional Growth
Improved logistics access expected to drive in-migration and housing demand.

White-Collar Job Surge in Rural Market
Provalus bringing 200+ skilled tech jobs—elevating incomes and rental demand.

Significant Rent Growth Headroom
36% lower gross rent vs. Memphis with comparable median income levels.