Vanguard Real Estate Advisors (“VREA”) is pleased to present the exclusive opportunity to purchase the Oakhurst Apartments (“Property” or “Oakhurst”) located in El Dorado which is in south-central Arkansas. This investment opportunity totals 76 units averaging a spacious 993 square feet, all units have full size washer and dryer connections. The Property is ideally located along Oakhurst Boulevard just a block west of the main north-south thoroughfare of the City, N. West Avenue (Business Highway 167). Little Rock is just two hours away to the north and Shreveport is just an hour and forty five minutes to the southwest.
The Property was constructed in 1987 and is in immediate proximity to many of the area’s major retailers and employers. It is a two-story community that is 93.40% occupied. The Property has an attractive asking price of $4,550,000 ($59,868 per unit & $60.30psf).
Call us to schedule a tour, they are offered on the following dates:
Wednesday May 7th, Thursday May 15th, Wednesday May 21st, and Tuesday June 3rd
The Call For Offers date is Thursday June 5th on or before 4:00pm CST.
A 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
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