195 Co Rd 137 Corning, AR 72422
20-unit multifamily property with expansion potential near future I-57.
Type:Multifamily
Property size:
9,632 SFLot size:
1.50 Acres- Added:
- Feb 7, 2024
- Days on Market:
- 789
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 195 Co Rd 137
General Information
- Standard status
- Active
- Size
- 9,632 SF
- Lot size
- 1.50 Acres
- Property subtype
- Multifamily
Listing agent Kim Shelton License #AR SA00085269
Listing office Halsey Real Estate
Listing date Feb 7, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Halsey Real Estate
Overview
20-Door Multifamily Investment Opportunity
This multifamily property features three all-brick buildings comprising 20 units, situated on approximately 1.5 acres. The property presents an investment opportunity with an existing income stream and potential for expansion. Its location near the future I-57 interstate enhances its appeal to commuters and contributes to its long-term value. All 20 apartments were upgraded with new mini-split heating and air units in 2024, providing tenants with comfort and energy efficiency. Additional revenue is generated from on-site coin-operated laundry facilities. There is potential for value add and rate improvements. An additional approximately 1.0 acre with roughly 240 ft of highway frontage is available for purchase, offering an opportunity for further development to capitalize on the demand for additional rental units or other business ventures. The property size is 9632 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Corning
- County
- Clay
- State
- Arkansas
- Longitude
- -90.629927
- Latitude
- 36.41011
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 20-unit multifamily property with expansion potential near future I-57.
Where is this apartment building located?
The property is located at 195 Co Rd 137 Corning, AR.
What is the asking price?
The asking price for this property is $988,888.
What are key features of this property?
This property features: Solid income stream from 20‑unit apartment complex with potential for expansion.; Proximity to future I‑57 interstate, increasing commuter convenience and long‑term value.; All 20 apartments upgraded with new mini‑split heating and air units in 2024, offering energy efficiency.
