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13-Unit Apartment Property
For Sale
Contact for pricing
Pending

1510 Reeves Ave, Mena, AR 71953

Commercial corner property includes an office, manager’s apartment, and a rear storage building.

Property SizeContact for details
Days on Market143

Property Features for 1510 Reeves Ave

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Select Realty
Listed By: BRITTANY ROBERTS · License #SA00090596
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 12:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Select Realty

Investment Insights

Based on property information with market context.

This apartment property contains 13 units, an office, and a private two-bedroom apartment designated for a manager. A metal roof installed about 5 years ago serves the building, and a large storage building is located at the rear of the site.

The property occupies a commercial corner at Reeves Ave and S Reine St, identified as Hwy 8, in Mena, Arkansas. Its prior operations included hotel, motel, temporary-stay, and long-term apartment rental uses. The existing configuration combines residential units with office space and additional storage improvements.

Key Highlights

  • 13 units configured for apartment use
  • Private two‑bedroom manager’s apartment with office space
  • Metal roof is about 5 years old

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Garden Center Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

Demographics for 71953, AR

14,090
Population
6,924
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
683.9 sq mi
ZIP Area
21
Density / Sq Mi
$52,355
Median Household Income
$31,904
Median Earnings
$743
Median Rent
$144,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Commercial corner property includes an office, manager’s apartment, and a rear storage building.
Where is this apartment building located?
The property is located at 1510 Reeves Ave Mena, AR.
What are key features of this property?
This property features: 13 units configured for apartment use; Private two‑bedroom manager’s apartment with office space; Metal roof is about 5 years old
(479) 216-4664 Call to check price and availability
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