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309 Park Ave Springdale, AR 72764
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Key Details
Sold Price $2,950,000
Property Type Townhouse
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 15,400 sqft
Price per Sqft $191
Subdivision Picnic Add
MLS Listing ID 1289185
Sold Date 12/23/24
Construction Status 25 Years or older
HOA Y/N No
Year Built 1980
Annual Tax Amount $7,828
Lot Size 0.890 Acres
Acres 0.89
Property Description
Opportunity Zone eligible. Located directly east of the newly expanded Luther George Park. Within walking distance to Springdale's vibrant downtown area which includes restaurants, shops, entertainment and major employers. The Razorback Greenway trail is located only 200' to the south which connects tenants to all of NWA. Current ownership has added utility lines on two of the buildings for washer & dryer connections to capture rent premium. For proven value-add strategy, new owner could do the same on the remaining buildings.
Location
State AR
County Washington
Community Picnic Add
Zoning N
Direction Located on the corner of Park St and Allen Ave
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile, Laminate
Appliance Electric Water Heater
Exterior
Fence None
Community Features Trails/Paths
Roof Type Metal
Road Frontage Public Road
Garage No
Building
Lot Description Corner Lot, Level
Story 1
Foundation Slab
Level or Stories One
Structure Type Stucco
New Construction No
Construction Status 25 Years or older
Others
Security Features Smoke Detector(s)
Special Listing Condition None
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Bought with Non MLS Sales