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    3166 Highway 101 Gamaliel, AR 72537

    For Sale
    $1,190,000

    Apartments,Duplex - Gamaliel, AR

    Days on Market:
    32
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 3166 Highway 101

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage, Garage - Detached
    Interior features
    Carpet, Vinyl Floor, Laminate Floor, Ceiling Fan(s), Smoke Detector
    Exterior features
    Outbuildings
    Appliances
    Microwave, Oven - Gas, Range, Range - Gas, Refrigerator

    Utilities

    Heating system
    Central, Ductless (Heating), Electric (Heating), Propane (Heating), Wood (Heating)
    Cooling system
    Ductless, Electric

    Building Details

    Floors in Building
    1
    Building materials
    Stone, Wood Siding
    Architectural style
    Other
    Additional Structures
    Outbuilding

    PAIGE PROPERTIES (870) 424-7888

    Listing agent MORGAN SHARP (870) 701-0222

    Listing date Nov 4, 2025

    MLS# 132003 Listing URL

    Copyright © 2025 North Central 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.

    Overview

    Income-Producing Apartment Complex in Gamaliel

    Twin Gables #1 and #2 comprises 16 units and is fully leased with long-term tenants. Situated on 3.47 acres in Gamaliel, Arkansas, the property is located 0.5 miles from 101 Marina in Howard Cove. This income-producing property includes one house with a detached garage, four duplexes, and seven single structures. A laundry facility is located at TG#1, and a maintenance garage is located at TG#2. Several buildings on TG#1 have newer metal roofs and have been remodeled. The property is all electric with well and septic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Wholesale Shop Hotel & Motel Convenience Store Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gamaliel
    County
    Baxter
    State
    Arkansas
    Longitude
    -92.256812
    Latitude
    36.402781

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    FAQs

    What type of property is this?
    Apartment building - Fully leased 16-unit apartment complex on 3.47 acres.
    Where is this apartment building located?
    The property is located at 3166 Highway 101 Gamaliel, AR.
    What is the asking price?
    The asking price for this property is $1,190,000.
    What are key features of this property?
    This property features: - Immediately income-producing property with 16 fully leased units.; - Located just 0.5 miles from 101 Marina in Howard Cove.; - Includes a house, four duplexes, and seven single structures.
    (870) 701-0222
    Request Owner's contact information
    3166 Highway 101 Gamaliel, AR 72537
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    Gamaliel, AR 72537
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3166 Highway 101 Gamaliel, AR 72537
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