Perfect Multi-Family Developement Opportunity

0.48 Acres of Residential Land Offered at $144,900 USD in Jonesboro, AR 72401

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $144,900

Property Type
Land

Listing Contacts

Taylor Halsey
Taylor Halsey
Verified Profile
Landon Wilson
Landon Wilson
Verified Profile
Jerry L Halsey, Jr.
Jerry L Halsey, Jr.
Verified Profile
  • Property Info

Property Overview

207 E Nettleton Ave presents a prime opportunity for a multifamily development in Jonesboro, AR. Situated in a rapidly growing area with high demand for housing, this lot offers an ideal canvas for multifamily units to meet the needs of the local community.
With proximity to key amenities including schools, shopping centers, restaurants, and recreational facilities and convenient access to major transportation routes, it ensures an easy commute for residents. It is zoned for multifamily development, offers flexibility in design and construction, and essential utilities such as water, electricity, and sewage are nearby for easy connection.
Jonesboro has experiencing a steady population growth driven by economic growth and educational opportunities, so it has seen an increased demand for multifamily units in particular. Given the demand for multifamily housing and the favorable market conditions, the project presents a promising opportunity for investors seeking attractive returns in the real estate sector.

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • Multi-Family Development Opportunity
  • Located in Jonesboro's West End
  • Exposure to 11,000 CPD
  • Minutes from Jonesboro's Best Lifestyle Amenities
  • 115+/- ft of road frontage on Nettleton Ave

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