Investor · Gore, OK · Member since 2022 · 35 posts · 25 votes
Hello! I'm Heather. Just moved to Independence County a couple of months ago from out of state and looking for local investors to connect with. Jonesboro seems to be the closest place listed. I currently own multifamily and looking for more MF and looking to get into STR. Look forward to hearing from you!
Hi Heather! I invest in SFHs in Jonesboro, AR. In Independence county, you're in close proximity to several areas I've thought about doing STRs. You should have several areas nearby on the White River to consider. My main target market when I move to that space is Lake Norfork - Mountain Home.
Jonesboro has several small MF hitting the market lately that are overpriced, but I've seen a few good off market deals with value add in the 20-40 unit size show up in the last year or so. Also, I think Little Rock/Central AR has a strong MF market. Since both Jonesboro and Little Rock are about the same distance from you, you may consider that area as well. I've looked at Little Rock for SFHs, which looks good, but I haven't branched out of Jonesboro yet and don't know that market as well as Jonesboro.