Habberton Ridge

Springdale, AR

Info For Buyers

Overview

Summary

Price Market
Address 3700 Locksley St, Springdale, AR 72764
Total Units 98
Total SF 144,806 SF
Avg SF 1,478 SF
Year Built 2020

Habberton Ridge is a premier 98-unit build-for-rent (BFR) community situated in the rapidly expanding market of Springdale, AR. Located in the heart of Northwest Arkansas’ thriving metropolitan area. NW Arkansas is home to three Fortune 500 companies: Walmart, JB Hunt, and Tyson Foods. Completed in 2020, Habberton Ridge offers exclusively 3-bedroom, 2-bathroom units, each featuring high-end finishes such as granite countertops, stainless steel appliances, and private pet yards. With spacious floor plans averaging 1,480 square feet, residents enjoy the comfort of a single-family-home lifestyle combined with the convenience and flexibility of leasing. Nestled in the fast-growing East Springdale area, the property offers direct access to Highway 412 and Don Tyson Parkway, providing easy connectivity to both Springdale and Fayetteville. Additionally, similarly sized single-family homes in this desirable neighborhood have historically sold for over $300,000. Habberton Ridge is walkable to nearby schools and parks, making it an ideal location for families seeking both convenience and quality living.

Key Facts

An individually parceled 98-unit, 3-bed 2-bath BFR property built in 2022, with Private Yards, Garages, and Supplied Washer and Dryers.

95% Occupied with the ability to immediately increase the below market rents.

Opportunity to capture rent premiums through Tech-Package installation of keyless deadbolts, smart doorbells, and thermostats.

East Springdale has experienced significant growth due to its proximity to Beaver Lake, downtown Springdale, and Tyson Foods HQ.

NW Arkansas is one of the fastest growing multifamily markets in the U.S. The metro is on pace to become one of the nation’s top 100 MSA’s, with 1M+ residents by 2040.