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Apartment Building with 16 Studios
New
For Sale
$680,000

3600 Johnson, Newport, AR 72112

MULTI_FAMILY - Newport, AR

Property Size6,000 SF
Lot Size0.47 Acres
Price / SF$113.33
Days on Market2

Property Features for 3600 Johnson

General Information

Property type Residential Multi Family
Property subtype Apartment
Interior features Hot Water Heater-Electric
Appliances Free-Standing Stove, Refrigerator-Stays, Free-Standing Stove, Refrigerator-Stays
Subdivision Wilson
Lot features Level, In Subdivision
Directions Airbase Rd to Johnson
Standard status Active
Size 6,000 SF
Lot size 0.47 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 3.4
Tax Annual Amount 1710
Legal Description Lot 3.4

Building Details

Year built 1980
Floors in Building 1
Number of units 16
Flooring type Vinyl
Roof type Metal
Architectural style Other
Listing Agency: IMAGE Realty
Listed By: Selina Reithemeyer
Added: Jul 31 Changed: Aug 1 Last Checked: Aug 1 at 10:06PM
MLS# 26031371

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.

Apartment buildings opportunity in Newport, Arkansas offering 16 one-bedroom studio units that are fully leased. The property is split into three buildings: Building #1 has 4 units, and Buildings #2 and #3 have 6 units each.

Construction features include cinder block exterior walls and a metal roof. The building was built in 1980 and includes electric hot water heaters and vinyl flooring. The property sits on a 0.47-acre lot and is presented as a turnkey, income-producing multifamily option.

With the current unit configuration and fully leased status, this property may be well suited for buyers seeking an apartment investment with immediate rental occupancy.

Key Highlights

  • 16 one‑bedroom studio units that are fully leased
  • Three buildings: Building #1 has 4 units, Buildings #2 and #3 have 6 units each
  • Cinder block exterior and metal roof construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Building Supply Garden Center (Bike/Boat/Book/etc) Store Catering Service Hair Salon

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

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 72112, AR

11,065
Population
4,394
Households
2.5
Avg Household Size
40
Median Age
12%
College-Educated
82%
High-School Grad
327.6 sq mi
ZIP Area
34
Density / Sq Mi
$36,563
Median Household Income
$22,588
Median Earnings
$663
Median Rent
$97,200
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 - Turnkey apartment property in Newport with 16 fully leased one-bedroom studio units across three buildings and cinder block construction.
Where is this apartment building located?
The property is located at 3600 Johnson Newport, AR.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 16 one‑bedroom studio units that are fully leased; Three buildings: Building #1 has 4 units, Buildings #2 and #3 have 6 units each; Cinder block exterior and metal roof construction
More about this property
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