Fully Leased 7-Unit Apartment
For Sale
$500,000
166 CR 806, Gamaliel, AR 72637
MULTI_FAMILY - Gamaliel, AR
Property SizeContact for details
Lot Size1.56 Acres
Days on Market392
Property Features for 166 CR 806
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Mixed Use
Window features
Double Pane Windows
Interior features
Carpet, Vinyl Floor, Tile Floor, Laminate Floor
Appliances
Gas Range/Oven, Refrigerator
Standard status
Active
APN
002-06980-000
Lot size
1.56 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
STR: 15-20-12, See attached for full legal
Tax Annual Amount
2643
Legal Description
STR: 15-20-12, See attached for full legal
Utilities
Sewer type
Shared Septic
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Well
Building Details
Floors in Building
2
Listing Agency:
REMAX TWIN LAKES
(870) 701-0222
Listed By:
Morgan Sharp
(870) 424-7888
Added: Jul 11, 2025
Changed: Aug 1
Last Checked: Aug 6 at 10:06PM
MLS# 131950
Copyright © 2026 North Central 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.
Twin Gables #2 is a fully leased 7-unit multifamily property on 1.56 acres m/l. The overall setup includes one house with a detached garage, two duplexes, two single structures, and a maintenance garage.
Unit mix includes: Unit 1 (3 bed, 2 bath, 1,800 SF) with a 40 x 30 detached garage; Units 2 and 5 (2 bed, 2 bath at 1,100 SF and 2 bed, 1 bath at 900 SF); and Units 3, 4, 6, and 7 (1 bed, 1 bath each at 750 SF). A maintenance garage (30' x 25') supports property operations.
All-electric utilities are provided, with water from a well and sewer via shared septic. Interior finishes include carpet, vinyl, tile, and laminate flooring. Appliances listed include a gas range/oven and a refrigerator.
Unit mix includes: Unit 1 (3 bed, 2 bath, 1,800 SF) with a 40 x 30 detached garage; Units 2 and 5 (2 bed, 2 bath at 1,100 SF and 2 bed, 1 bath at 900 SF); and Units 3, 4, 6, and 7 (1 bed, 1 bath each at 750 SF). A maintenance garage (30' x 25') supports property operations.
All-electric utilities are provided, with water from a well and sewer via shared septic. Interior finishes include carpet, vinyl, tile, and laminate flooring. Appliances listed include a gas range/oven and a refrigerator.
Key Highlights
- Fully leased 7‑unit apartment property on 1.56 acres m/l
- Unit 1: 3 bed, 2 bath, 1,800 SF with 40 x 30 detached garage
- Units 3 and 4: 1 bed, 1 bath each at 750 SF
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
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 - Seven-unit apartment property with all-electric utilities, well water, and shared septic.
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: Fully leased 7‑unit apartment property on 1.56 acres m/l; Unit 1: 3 bed, 2 bath, 1,800 SF with 40 x 30 detached garage; Units 3 and 4: 1 bed, 1 bath each at 750 SF
