Steeple Chase Rent

Steeplechase Apartments presents an exceptional investment opportunity with 101 residential units located at 2411 Talonwood Drive, West Memphis, AR 72301. This property boasts a total of 95,200 square feet of rentable space across multiple buildings and is situated in a highly desirable location within Crittenden County.

Originally constructed in 1975, the property currently includes 39 occupied units, leaving 62 vacant units available for lease. Notably, 56 units have been fully renovated with modern amenities, 23 units require full renovation, and 22 units need refurbishment work. These upgrades and improvements provide significant potential to enhance rental income and occupancy rates.

Currently, the property is poised for growth, with renovations continuing to transform the living spaces into desirable market-rate units. Given the favorable position and the continued work on the renovations, this is a remarkable opportunity for investors looking to capitalize on the potential for long-term value and return.

With a stable foundation, a prime location near major highways, and a well-maintained structure, Steeplechase Apartments offers investors a
unique chance to maximize returns through strategic renovations and full occupancy