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    Income-Producing Multifamily Property in Gamaliel Title is generated by Realmo AI

    3166 HWY 101, Gamaliel, AR 72537

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    For Sale
    $1,190,000

    MULTI_FAMILY - Gamaliel, AR

    Type:Apartment
    Lot size:
    3.77 Acres
    Added:
    Jul 11, 2025
    Days on Market:
    348
    Last Refresh:
    Jun 23 at 9:06 am

    Property Features for 3166 HWY 101

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    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

    Utilities

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

    Building Details

    Floors in Building
    1
    Additional Structures
    Outbuilding

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    Listing Contact
    Morgan Sharp
    Morgan Sharp

    Listing agent Morgan Sharp

    Listing office REMAX TWIN LAKES 707 Cardinal Dr. Ste.4, MOUNTAIN HOME, AR

    Listing date Jul 11, 2025

    MLS# 132003 Listing URL

    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.

    HighLights

    • 16‑unit property fully leased with long‑term tenants (Twin Gables #1 and #2)
    • 3.47 acres m/l in Gamaliel with multiple rental buildings, including four duplexes and seven single structures
    • Includes a laundry facility at TG#1 and a maintenance garage at TG#2
    • Several buildings on TG#1 have newer metal roofs and remodeled units
    • One house with detached garage plus shared well water and shared septic sewer
    • All‑electric utilities with heating options including central, electric, wood, and propane

    Overview

    This multifamily property, Twin Gables #1 and #2, features 16 units fully leased to long-term tenants. Situated on 3.77 acres in Gamaliel, Arkansas, it is located approximately 0.5 miles from 101 Marina in Howard Cove. The property includes one house with a detached garage, four duplexes, and seven single structures. A laundry facility is located at Twin Gables #1, and a maintenance garage is located at Twin Gables #2. Several buildings at Twin Gables #1 have newer metal roofs and have been remodeled. The property is all electric and utilizes well and septic systems, offering an immediately income-producing opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gamaliel
    County
    Baxter
    State
    Arkansas
    Longitude
    -92.257229
    Latitude
    36.40223

    FAQs

    What type of property is this?
    Apartment building - Fully leased 16-unit multifamily property on 3.77 acres near marina.
    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 $1,190,000.
    What are key features of this property?
    This property features: 16‑unit property fully leased with long‑term tenants (Twin Gables #1 and #2); 3.47 acres m/l in Gamaliel with multiple rental buildings, including four duplexes and seven single structures; Includes a laundry facility at TG#1 and a maintenance garage at TG#2
    More about this property
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