195 CR 137, Corning, AR 72422 (MLS # 10112359)
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20-doors! Three all brick buildings on +/-1.5 acres. Take a look at this investment opportunity offering not only a solid income stream but also the potential for expansion. 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. An additional +/- 1.0 acre with appproxmimatly 240 ft of highway frontage is available to purchase providing an excellent opportunity for further development, allowing you to capitalize on the demand for additional rental units or other business ventures.
| DAYS ON MARKET | 102 | LAST UPDATED | 2/27/2024 |
|---|---|---|---|
| TRACT | Westwood | YEAR BUILT | 0 |
| COUNTY | Clay | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Corning |
|---|---|
| Jr. High School | Corning |
| High School | Corning |
| PRICE HISTORY | |
| Prior to Feb 27, '24 | $1,295,000 |
|---|---|
| Feb 27, '24 - Today | $995,000 |
| ADDITIONAL DETAILS | |
| CONSTRUCTION | Brick |
|---|---|
| HEAT | Natural Gas |
| LOT | 1.5 acre(s) |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| SUBDIVISION | Westwood |
| TAXES | 1321 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Halsey Thrasher Harpole Real Estate Group
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