Coldwell Banker Commercial is pleased to present The Vue in Jonesboro Multifamily portfolio of 264 affordable housing units. There are 202 units that sit on adjoining parcels in one location, 34 units are located on adjoining parcels in another location and 28 units sit in the Redevelopment District of Jonesboro. Of these units 230 (202 adjoining and The Vue on Gee) are located a short distance from Arkansas State University, Riceland Foods, and Historic Downtown. The other 34 are located near the industrial district of Jonesboro in what locals refer to as “Old Nettleton”. The Vue offers a great Value-Add opportunity with tons of room to increase rent and 170 units in the Opportunity Zone. Ask about additional units available in neighboring states. Website link: Portfolio Website
| Property Type | Multi-Family |
|---|---|
| Property Use | Rental or Investment |
| Sub-Lease | 264 |
| Listing ID | Z4HCC3 |
| Style | Multi-Family (Over 20 Units) |
Property Highlights
264 Unit Portfolio Current ownership has invested over $4M in capital improvements 170 units in the Opportunity Zone 202 adjoining units, 34 adjoining units, 28 units in the Redevelopment District Located near Arkansas State University, Riceland Foods & Historic Downtown Jonesboro On site property management MSA Population 138,086
Area DescriptionArea Description: Coldwell Banker Commercial is pleased to present The Vue in Jonesboro Multifamily portfolio of 264 affordable housing units. There are 202 units that sit on adjoining parcels in one location, 34 units are located on adjoining parcels in another location and 28 units sit in the Redevelopment District of Jonesboro.