1115 Ozier Street, Van Buren, AR 72956

This fully stabilized 8-unit apartment community in Van Buren, Arkansas presents a compelling value-add opportunity with immediate upside through rent optimization. The property is 100% occupied and currently generates a trailing 12-month NOI of over $37,000 on in-place rents — but the real story is the path to market. With 1-bedroom units averaging $513/month against a market rate of $695 and 2-bedrooms averaging $638 against $800, the portfolio carries nearly $16,700 in annualized rent upside that a new owner can capture through normal lease turnover, pushing Year 1 NOI above $52,000. Built in 2009, the 5,032 SF property consists of four 1-bed/1-bath and four 2-bed/1-bath units across a single 8-plex building, offering efficient management scale without the complexity of scattered sites. The T-12 expense ratio of just 34.5% reflects a lean operating profile, and the property's strong collections history (only $550 in total past due balances) confirms a stable tenant base. Van...