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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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318 S Rhodes St , Other AR, AR 72301
$1,900,000
Est. Payment: $9,795.12/mo
0 Bed
0 Bath
19663 Sqft
Status: Pending | Days on site: 46
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Tara Limbird
Principal Broker | Operator

House Description

Excellent opportunity to acquire a fully-occupied, five-building (seven-suite) medical portfolio in West Memphis, AR, located in the Memphis, TN MSA, just eight miles from downtown Memphis. West Memphis is experiencing significant economic momentum, evidenced by recent and planned government and corporate investments, including a $4B Google data center, and planned openings or expansions by Starbucks, Buc-ee's and Coca-Cola. This portfolio has a history of strong occupancy and is currently 100% occupied by established tenants. Two of the leases include rent escalations, and the investment offers the opportunity to increase returns upon lease renewal by raising rental rates for several of the leases and renegotiating owner responsibility for OPEX. Over $120,000 in recent owner and tenant improvements have enhanced the portfolio’s long-term value and reflect the tenants’ commitment to continued operations in the area. Portfolio package includes 302 S Rhodes, 304 S Rhodes, 308 S Rhodes, 318 S Rhodes and 316 W Tyler.

Highlights

Listed by Ashley Habiger , 479-317-1372 Delta Properties , 479-317-1372. Arkansas Regional MLS, LLC

Property Type

Commercial Sale

Year Built

2005

County

Crittenden

Listing ID

1327058

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Business Park,City Lot
Zoning:Commercial
Parking Features:Parking Lot,On Street
Principal Interest
$9,795
Taxes
$1,283

Home Price

$1,900,000

Loan Details

30 yrs
6.687%

Down Payment

20%
$380,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,795.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,795.12 $1,283.00 $0.00 $11,078.12
Yearly $117,541.46 $15,396.00 $0.00 $132,937.46
Total $3,526,243.77 $461,880.00 $0.00 $3,988,123.77

Today's Rates

30 Year

6.69%

20 Year

6.61%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Other AR, AR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Arkansas Regional MLS, LLC, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-04T20:10:26.000Z

© 2026 Arkansas Regional MLS, LLC