The Grove on Berry 305-317 Berry St Immeuble residentiel 42 lots 4 672 620 € (111 253 €/Lot) Springdale, AR 72764

The Grove on Berry is a fully renovated 42-unit multifamily property in downtown Springdale, AR. This asset presents an exceptional investment opportunity. With high-quality interior finishes and no deferred maintenance, this asset offers a true turnkey experience for investors. The property is currently achieving below-market rents, providing a clear path for value appreciation as rental rates align with the growing demand in Springdale. Additionally, its prime location ensures strong tenant appeal, with walkable access to the Razorback Greenway, Downtown establishments, and George Luther Park, offering residents an active and convenient lifestyle.
Springdale is experiencing significant economic and residential growth, driven by major developments such as Blue Crane’s nearby Class A multifamily project. This signals strong investor confidence and increasing demand for quality housing in the area.
With Northwest Arkansas’ expanding job market, rising population, and a flourishing local economy, this property is positioned for sustained rent growth and long-term appreciation. Investors seeking a well-located, stabilized asset with built-in value-add potential will find this an attractive addition to their portfolio.