20-Door Multifamily Investment
For Sale
Contact for pricing
Pending
195 Co Rd 137, Corning, AR 72422
20-unit multifamily property with expansion potential near future I-57.
Property Size9,632 SF
Lot Size1.50 Acres
Days on Market925
Property Features for 195 Co Rd 137
General Information
Standard status
Pending
Size
9,632 SF
Lot size
1.50 Acres
Property subtype
Multifamily
Building Details
Buildings
3
Units
20
Listing Agency:
Halsey Real Estate
(870) 219-3322
Listed By:
Kim Shelton · License #AR SA00085269
Source:
Crexi
Added: Feb 7, 2024
Changed: Aug 12
Last Checked: Aug 20 at 3:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Halsey Real Estate
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 72422, AR
4,377
Population
2,295
Households
1.9
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
165.8 sq mi
ZIP Area
26
Density / Sq Mi
$44,848
Median Household Income
$31,809
Median Earnings
$707
Median Rent
$87,600
Median Home Value
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 - 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.
