195, 18, 208 CR 137

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: Corning, AR 72422, USA
Created date: March 2, 2024
Date last updated: April 15, 2024

Property Description

20-doors! Three all brick buildings. Take a look at this investment opportunity offering not only a solid income stream but also the potential for expansion. The 2.42-acre lot provides an excellent opportunity for further development, allowing you to capitalize on the demand for additional rental units. Positioned near the future I-57 interstate, this complex is convenient for commuters, enhancing its desirability and long-term value. All 20 apartments were upgraded with new mini-split heating and air units in 2024, offering tenants comfort and energy efficiency. Additional revenue income from on-site coin-operated laundry. Room for value add and rate improvements.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,295,000
No. of Units: 20
Year Built: 1967
Lot Size: 9,632.00 Sq ft
Opportunity Zone: No
Price per unit: $64,750
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: Corning, AR 72422, USA
Provided by:

Similar Properties in the Area

Paragon Star

Lee's Summit , Kansas
Chicago & Midwest + Apartment Buildings

Rock Vault Storage

Fort Smith , Arkansas
Chicago & Midwest + Apartment Buildings
Units: 527
Price: $8,923,000

25941 Lakeshore Blvd

Euclid , Ohio
Chicago & Midwest + Apartment Buildings
Units: 10
Price: $690,000
popup background image