- For Sale Contact for pricing
- Property Type Other
- Property Size 30,000 SF
- Units 42
- Date Updated Apr 12, 2025
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.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Turnkey Investment Fully renovated 42-unit multifamily property with high-quality interior finishes and zero deferred maintenance.
- Value-Add Potential Current rents remain below market, providing immediate upside through rent growth.
- Prime Downtown Location Situated in the heart of Springdale, AR, with easy access to dining, retail, and local attractions.
- Strong Market Fundamentals Blue Cranes nearby Class A multifamily development signals continued growth and rising rental demand.
- Stable & Growing Economy Springdale benefits from Northwest Arkansas booming economy, strong job market, and population growth.
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Contacts
Location
Getting Around
-
Walk Score ®
29/100 Car-Dependent
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Bike Score ®
34/100 Somewhat Bikeable
- City Springdale, AR
- Neighborhood Kimco - Cameron Heights
- Zip Code 72764
Points of Interest
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Kum & Go
0.67 miles
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Speedway
0.98 miles
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Fuel Island
2.47 miles
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Shell
2.91 miles
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Walmart
3.05 miles
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Phillips 66
3.18 miles
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Casey's
3.20 miles
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Casey's General Store
3.37 miles
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Lowell Supercharger
4.17 miles
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ChargePoint
9.56 miles
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Wal-Mart Parking
5.81 miles
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Parking Garage
6.48 miles
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Southeast Pinnacle Hills Promenade Parking
7.64 miles
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South Pinnacle Hills Promenade Parking
7.68 miles
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East Pinnacle Hills Promenade Parking
7.71 miles
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South Curbside Pinnacle Hills Promenade Parking
7.74 miles
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Inner East Pinnacle Hills Promenade Parking
7.77 miles
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West Curbside Pinnacle Hills Promenade Parking
7.77 miles
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Southwest Pinnacle Hills Promenade Parking
7.82 miles
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East Curbside Pinnacle Hills Promenade Parking
7.82 miles
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Extended Stay America Select Suites - Springdale
2.89 miles
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Fairfield Inn & Suites
3.16 miles
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Quality Inn & Suites
3.18 miles
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Super 8 by Wyndham Springdale AR
3.36 miles
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DoubleTree
3.47 miles
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Home2 Suites
3.54 miles
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La Quinta Inn & Suites
3.59 miles
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Holiday Inn
3.65 miles
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Hampton Inn & Suites
3.70 miles
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Residence Inn
3.72 miles
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Taquieria Guanajuato
0.75 miles
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El Rodeo
0.76 miles
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Escondite Puerto Rican Restaurant and Bar
1.23 miles
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Jimmy's Pizza and Catering
1.35 miles
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McDonald's
1.43 miles
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KFC
1.46 miles
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Braum's
1.64 miles
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Captain D's
1.68 miles
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Arby's
1.70 miles
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Jade China
1.79 miles
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Bayyari Elementary School
1.01 miles
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Springdale High School
1.24 miles
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Elmdale Elementary School
1.28 miles
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Lee Elementary School
1.37 miles
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Archer Learning Center
1.51 miles
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Northwest Technical Institute
1.53 miles
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Jones Elementary School
1.65 miles
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Westwood Elementary School
1.70 miles
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Central Junior High School
2.09 miles
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Parson Hills Elementary School
2.15 miles
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EOA Children’s House
0.57 miles
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Oak Avenue Head Start Center
0.71 miles
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Springdale Early Childhood Center
0.92 miles
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Salem Lutheran School
1.68 miles
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Pride and Joy Childcare
4.06 miles
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Butterflies & Frogs
5.72 miles
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Parkside Playschool
7.14 miles
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Fayetteville Creative School
7.53 miles
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Just Like Home Childcare
7.71 miles
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Fayetteville Child Development Center
7.97 miles
Frequently Asked Questions
The sale price for The Grove on Berry is available upon request. Contact the listing broker for more information.
The Grove on Berry totals 30,000 square feet.
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