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7-Unit Apartment Property
New
For Sale
$500,000

166 CR 806, Gamaliel, AR 72637

All seven residences are occupied by long-term tenants.

Property SizeContact for details
Lot Size1.56 Acres
Days on Market2

Property Features for 166 CR 806

General Information

Standard status Active
Lot size 1.56 Acres
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/2BA, 4 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 7

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Listing Agency: REMAX TWIN LAKES
Listed By: MORGAN SHARP
Source: Arcadian-realty
Added: Oct 26 Last Checked: Oct 26 at 2:37PM

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 REMAX TWIN LAKES

Rey
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Investment Insights

Based on property information with market context.

This seven-unit apartment property in Gamaliel, Arkansas, comprises a house, two duplexes, and two additional standalone residences. Unit sizes range from 750 to 1,800 square feet, with one- to three-bedroom layouts and one or two bathrooms. A detached garage serves the house, and the property also has a separate maintenance garage. The residences are all-electric and use well water and septic service.

The property occupies 1.56 acres m/l at 166 CR 806. All seven units are leased to long-term tenants. Unit configurations include one three-bedroom, two-bath residence; two two-bedroom residences, one with two baths and one with one bath; and four one-bedroom, one-bath residences.

Key Highlights

  • Seven occupied units with long‑term tenants
  • 1.56 acres m/l in Gamaliel, Arkansas
  • Includes one house, two duplexes, and two standalone residences

Property Analytics

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Lease Details

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All seven residences are occupied by long-term tenants.
Where is this apartment building located?
The property is located at 166 CR 806 Gamaliel, AR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Seven occupied units with long‑term tenants; 1.56 acres m/l in Gamaliel, Arkansas; Includes one house, two duplexes, and two standalone residences
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