Apartment Building with New
For Sale
$669,000
0 Hwy 10 & Carr, Magazine, AR 72943
Multifamily, Magazine, AR
Property Size7,411 SF
Lot Size0.75 Acres
Price / SF$90.27
Days on Market1269
Property Features for 0 Hwy 10 & Carr
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
12
Rooms
Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 11, Bedroom 8, Bedroom 4, Bedroom 7, Bedroom 6, Bedroom 9, Bedroom 12, Bedroom 2, Bedroom 10
Subdivision
Magazine C O & M
Lot features
Corner, Level
Elementary school
Magazine
Middle school
Mt. Magazine
High school
Mt. Magazine
Elementary school district
Magazine
Middle school district
Magazine
High school district
Magazine
Directions
At the corner of Hwy 10 and Carr Street just west of elementary school.
Standard status
Active
APN
120-00259-000
Size
7,411 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Description
24 PT 16' ALLEY
Tax Annual Amount
4746
Legal Description
24 PT 16' ALLEY
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Building Details
Year built
1982
Floors in Building
1
Number of units
10
Flooring type
Carpet, Vinyl
Roof type
Shingle
Listing Agency:
Carolan Real Estate
(479) 675-2600
Listed By:
Bobby Carolan · License #PB00008663
(479) 675-9520
Added: Mar 27, 2023
Changed: Sep 14
Last Checked: Sep 15 at 11:06PM
MLS# 1064052
Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 10-unit apartment property in Magazine, Arkansas, contains 7,411 square feet on 0.75 acres. The unit mix includes eight one-bedroom apartments and two two-bedroom apartments. Built in 1982, the buildings feature vinyl and carpet flooring, central electric heating, central air conditioning, and shingle roofs. New roofs were installed on all buildings in '25.
The property is located at 0 Hwy 10 & Carr in Magazine, within Logan County. Its established configuration and documented unit mix provide a clear overview of the residential improvements, while the HUD Section 8 designation identifies the existing housing program associated with the complex.
The property is located at 0 Hwy 10 & Carr in Magazine, within Logan County. Its established configuration and documented unit mix provide a clear overview of the residential improvements, while the HUD Section 8 designation identifies the existing housing program associated with the complex.
Key Highlights
- 10‑unit HUD Section 8 apartment complex
- Unit mix includes 8 one‑bedroom units and 2 two‑bedroom units
- 7,411 square feet on 0.75 acres
Property Analytics
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Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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Business Placement
Demographics for 72943, AR
2,526
Population
1,133
Households
2.2
Avg Household Size
43
Median Age
13%
College-Educated
88%
High-School Grad
101.3 sq mi
ZIP Area
25
Density / Sq Mi
$56,000
Median Household Income
$35,434
Median Earnings
$793
Median Rent
$153,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - HUD Section 8 apartment community with one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 0 Hwy 10 & Carr Magazine, AR.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: 10‑unit HUD Section 8 apartment complex; Unit mix includes 8 one‑bedroom units and 2 two‑bedroom units; 7,411 square feet on 0.75 acres
