10-Unit HUD Section 8 Apartment
For Sale
$669,000
0 Hwy 10 & Carr, Magazine, AR 72943
MULTI_FAMILY - Magazine, AR
Property Size7,411 SF
Lot Size0.75 Acres
Price / SF$90.27
Days on Market1235
Property Features for 0 Hwy 10 & Carr
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
12
Rooms
Bedroom 2, Bedroom 5, Bedroom 7, Bedroom 11, Bedroom 4, Bedroom 9, Bedroom 3, Bedroom 6, Bedroom 12, Bedroom 1, Bedroom 8, 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
Electric (Heating), Central
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: Aug 2
Last Checked: Aug 12 at 11:06AM
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.
Well maintained 10-unit HUD Section 8 apartment complex in Magazine, Arkansas. The property includes 8 one-bedroom units and 2 two-bedroom units, providing a mix of unit sizes for renters.
The site sits on 0.75 acres and totals 7,411 square feet. Built in 1982, the buildings feature shingle roofing and interior flooring of carpet and vinyl. Heating is electric (central), with electric central air cooling.
Recent exterior improvements include new roofs on all buildings installed in 2025. The property address is listed at 0 Hwy 10 & Carr in Magazine, AR 72943 (Logan County).
The site sits on 0.75 acres and totals 7,411 square feet. Built in 1982, the buildings feature shingle roofing and interior flooring of carpet and vinyl. Heating is electric (central), with electric central air cooling.
Recent exterior improvements include new roofs on all buildings installed in 2025. The property address is listed at 0 Hwy 10 & Carr in Magazine, AR 72943 (Logan County).
Key Highlights
- 10 units total: 8 one‑bedroom units and 2 two‑bedroom units
- HUD Section 8 apartment complex
- New roofs on all buildings installed in 2025
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 10-unit HUD Section 8 complex with eight one-bedroom and two two-bedroom units, including new roofs installed in 2025.
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 units total: 8 one‑bedroom units and 2 two‑bedroom units; HUD Section 8 apartment complex; New roofs on all buildings installed in 2025
