Twenty Four on Backus

Springdale, AR

Info For Buyers

Overview

Summary

Price Market
Address 1205 Backus Ave, Springdale, AR 72764
# Units 24
Rentable SF 15,620 SF
Year Built 1982

24 on Backus is a fully renovated 100% occupied multifamily community near downtown Springdale, Arkansas. Located within walking distance of the Razorback Greenway and George’s Inc., the property features modern units with new mechanical, electrical, and plumbing systems. Each unit includes hard surface countertops, stainless steel appliances, and in-unit washers and dryers. The community comprises 16 one-bedroom units ($900/month average rent) and 8 two-bedroom units ($1,215/month average rent). Just one mile from downtown Springdale and close to major employers like Tyson Foods and JB Hunt, this property offers prime access to amenities and job centers.

100% occupied with meticulously vetted and screened tenants

Ease of Management with brand new appliances and heating/cooling systems, all under manufacturer’s warranty

Each Unit is individually metered for water/sewer and electricity

Brand New Supplied Washer and Dryer in every unit

Ideally located near downtown Springdale with close proximity to George’s Inc, Tyson Foods, JB Hunt, and Razorback Greenway

Springdale has historically been one of Arkansas best performing rental markets with higher-than-average rent growth and occupancy