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Fully Leased Apartment Complex
For Sale
$1,150,000

3166 HWY 101, Gamaliel, AR 72537

MULTI_FAMILY - Gamaliel, AR

Property SizeContact for details
Lot Size3.77 Acres
Days on Market397

Property Features for 3166 HWY 101

General Information

Property type Residential Multi Family
Property subtype Duplex
Window features Single Pane Window(s), Double Pane Windows
Interior features Carpet, Vinyl Floor, Laminate Floor, Ceiling Fan(s), Smoke Detector
Exterior features Outbuildings
Appliances Gas Range/Oven, Microwave, Refrigerator
Standard status Active
APN 002-06980-000
Lot size 3.77 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See attached for full legal.
Tax Annual Amount 5935
Legal Description See attached for full legal.

Utilities

Sewer type Shared Septic
Heating system Propane (Heating), Wood, Electric (Heating), Central
Cooling system Electric
Water source Well

Amenities

laundry facility

Building Details

Floors in Building 1
Additional Structures Outbuilding
Listing Agency: REMAX TWIN LAKES
Listed By: Morgan Sharp
Added: Jul 11, 2025 Changed: Aug 2 Last Checked: Aug 11 at 12:06PM
MLS# 132003

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 #1 and #2 offers 16 total units and is fully leased out with long-term tenants. The property is situated on 3.77 acres m/l and includes one house with a detached garage, four duplexes, and seven single structures. A laundry facility is located at TG#1, along with buildings with newer metal roofs and remodeled interiors; TG#2 includes a maintenance garage.

The buildings are all electric with well and septic. Reported exterior features include outbuildings, and interior finishes/features include carpet, vinyl floor, laminate floor, ceiling fans, and smoke detectors.

This is an immediately income-producing apartment complex with multiple building types arranged across two twin-gables sites, supported by on-site laundry and maintenance space.

Key Highlights

  • 16‑unit Twin Gables #1 and #2 is fully leased with long‑term tenants
  • Located on 3.77 acres m/l in Gamaliel, AR
  • Mix includes one house with detached garage, four duplexes, and seven single structures

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Real Estate Agency Restaurant Hotel & Motel

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

16
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 72537, AR

828
Population
552
Households
1.5
Avg Household Size
57
Median Age
18%
College-Educated
87%
High-School Grad
28.6 sq mi
ZIP Area
29
Density / Sq Mi
$50,915
Median Household Income
$49,868
Median Earnings
$856
Median Rent
$118,800
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 - Twin Gables apartment complex with laundry and maintenance facilities on-site, all-electric utilities with well and shared septic.
Where is this apartment building located?
The property is located at 3166 HWY 101 Gamaliel, AR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 16‑unit Twin Gables #1 and #2 is fully leased with long‑term tenants; Located on 3.77 acres m/l in Gamaliel, AR; Mix includes one house with detached garage, four duplexes, and seven single structures
More about this property
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