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    505 Kalamazoo Rd Paris, AR 72855

    For Sale
    $900,000

    Apartments, Traditional - Paris, AR

    Property size:
    13,466 SF
    Lot size:
    2.30 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 505 Kalamazoo Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi Family
    APN
    900-00002-000
    Parking features
    Driveway
    Interior features
    Smoke Detector
    Appliances
    Dishwasher, Range, Washer
    Size
    13,466 SF
    Lot size
    2.30 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1985
    Floors in Building
    2
    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Brick, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    New Traditional

    Lindsey & Associates, Inc (479) 636-2200 [email protected]

    Listing agent Jeremy Kennedy (479) 521-6611

    Listing date Nov 12, 2025

    MLS# 1328316 Listing URL

    Copyright © 2025 Northwest Arkansas 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

    Paris, AR Apartment Complex

    This is an excellent opportunity to purchase a well-managed and well-maintained apartment complex in Paris, AR. The property has a strong rental history and features on-site management. Situated on a 2.3-acre lot, the property offers additional development potential on the eastern, undeveloped portion. The complex has a total area of 13,466 square feet and is zoned for multi-family use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elmwood Apartments Apartment Building

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Logan
    State
    Arkansas
    Longitude
    -93.703136
    Latitude
    35.296903

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained apartment complex with development potential in Paris, AR.
    Where is this apartment building located?
    The property is located at 505 Kalamazoo Rd Paris, AR.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Strong rental history makes this an attractive investment opportunity.; - Benefit from on-site management, ensuring smooth operations.; - Explore additional development potential to maximize your investment.
    (479) 521-6611
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    505 Kalamazoo Rd Paris, AR 72855
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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
    505 Kalamazoo Rd Paris, AR 72855
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