10-Unit 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 Market1222
Property Features for 0 Hwy 10 & Carr
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
12
Rooms
Bedroom 12, Bedroom 4, Bedroom 8, Bedroom 2, Bedroom 9, Bedroom 11, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 10, Bedroom 3, Bedroom 7
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: Jul 29
Last Checked: Jul 30 at 5:06PM
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 well-maintained 10-unit apartment complex is configured with eight one-bedroom units and two two-bedroom units under HUD Section 8. The property has new roofs on all buildings in 2025, supporting dependable building exterior maintenance.
The complex is located in Magazine, Arkansas, on Hwy 10 near Carr. It sits on a lot size of 0.75 acres and totals 7,411 square feet.
For prospective buyers, the existing unit mix and recent roof replacement provide a clear, straightforward residential income profile for the property.
The complex is located in Magazine, Arkansas, on Hwy 10 near Carr. It sits on a lot size of 0.75 acres and totals 7,411 square feet.
For prospective buyers, the existing unit mix and recent roof replacement provide a clear, straightforward residential income profile for the property.
Key Highlights
- 10‑unit HUD Section 8 apartment complex in Magazine, Arkansas
- Unit mix: 8 one‑bedroom units and 2 two‑bedroom units
- New shingle roofs on all buildings 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 10-unit complex offers eight one-bedroom and two two-bedroom HUD Section 8 apartments.
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 in Magazine, Arkansas; Unit mix: 8 one‑bedroom units and 2 two‑bedroom units; New shingle roofs on all buildings in 2025
