- Walking Distance to Walmart Corporate Office
- Best-In-Class Asset – Irreplaceable Location & Irreplaceable Building
- Exceptional Lease Up Speaks to the Asset Desirability and Quality
- Opportunity to Cycle Through First Generation Leases & Increase Rents $130+/Unit
- Strong Surrounding Demographic Profile
- Strategic Location Near Employment, Retailers, Parks & Entertainment
- Offered Free & Clear of Existing Debt
Best-In-Class Asset – Irreplaceable Location & Irreplaceable Building
Less than half a mile from the Walmart Corporate Office (Fortune #1), Parkside is ideally situated in the heart of Bentonville. The property is just minutes from the downtown square and is surrounded by retail, restaurants, and entertainment. As the City of Bentonville continues to explode, it is increasingly more difficult to build within a mile of Walmart HQ and the downtown corridor, making this location truly irreplaceable.
Exceptionally high-quality construction is evidenced throughout Parkside Apartments. Built in 2005 and fully renovated in 2023, the property reflects high-end luxury finishes with top-notch amenities. Additionally, the property offers 19,781 RSF of 95% leased and tenant-complementary retail and office space.
Exceptional Lease Up Speaks to the Asset’s Desirability and Quality
Parkside Apartments delivered in January 2023 and has experienced phenomenal lease-up. The strong lease-up is proof that there is significant demand for Class A communities in the downtown corridor. With the initial lease-up completed, a new investor can now focus on dialing in operations by streamlining expenses and increasing rents to current market levels as units turn.
Strategic Location Near Employment, Retailers, Parks & Entertainment
Located just minutes from Osage Park and the future site of the 100-acre Gateway Park, there’s no question where the name “Parkside” came from. As Bentonville continues to make a name for itself as a mountain biking, culinary, art, and aviation destination, there is no shortage of activities surrounding the property. Because of the proximity to Walmart Corporate Office, the property is well-located within the vendor community, providing ample employment opportunities. Within a mile radius of Parkside, residents have access to a Walmart Supercenter, Planet Fitness, Bentonville Climb, Bentonville Brewery, and countless top-tier restaurant and boutique shopping options.
