Multifamily Property Near
For Sale
$988,500
https //evrealestate.com/en/properties/our-listings/Undisclosed-Address-Paragould-AR-72450-CARMLS-26017983, Paragould, AR 72450
Income-producing 23-unit apartment complex with redevelopment potential.
Property Size8,424 SF
Price / SF$117.34
Days on Market113
Property Features for https //evrealestate.com/en/properties/our-listings/Undisclosed-Address-Paragould-AR-72450-CARMLS-26017983
General Information
Standard status
Active
Size
8,424 SF
Total Parking Spaces
20
Lease Term
Month To Month
Taxes and HOA fees
Annual Taxes
$2,142
Amenities
Electric, Window Unit(s), Central Air
Crawl Space
Traditional
Building Details
Building Size
8,424 SF
Year Built
1982
Buildings
2
Stories
2
Listing Agency:
Amigos Realty, LLC
(870) 476-8421
Listed By:
Bacilio Hernandez
(870) 476-8421
Source:
Evrealestate
Added: May 5
Changed: Aug 23
Last Checked: Aug 24 at 4:48AM
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 Amigos Realty, LLC
Investment Insights
Based on property information with market context.
This property, located at 807 W Kingshighway, is currently operating as a multi-residential apartment complex with 23 cash-flowing units, providing immediate income. The property is situated in a highly desirable area, almost directly across from the hospital. Zoned C-2, the property offers possibilities for redevelopment or mixed-use opportunities. The property size is 8,424 square feet. This property combines current income with future business potential due to its strategic location and flexible zoning, making it suitable for investors looking to expand, convert, or maximize returns.
Key Highlights
- Excellent income‑producing property with 23 cash‑flowing units providing immediate income.
- Zoned C‑2 offering endless possibilities for redevelopment or mixed‑use opportunities.
- Highly desirable location at 807 W Kingshighway, almost directly across from the hospital.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Explore this area
Business Placement
Demographics for 72450, AR
39,945
Population
16,784
Households
2.4
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
285.3 sq mi
ZIP Area
140
Density / Sq Mi
$56,390
Median Household Income
$37,008
Median Earnings
$865
Median Rent
$169,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing 23-unit apartment complex with redevelopment potential.
Where is this apartment building located?
The property is located at https //evrealestate.com/en/properties/our-listings/Undisclosed-Address-Paragould-AR-72450-CARMLS-26017983 Paragould, AR.
What is the asking price?
The asking price for this property is $988,500.
What are key features of this property?
This property features: Excellent income‑producing property with 23 cash‑flowing units providing immediate income.; Zoned C‑2 offering endless possibilities for redevelopment or mixed‑use opportunities.; Highly desirable location at 807 W Kingshighway, almost directly across from the hospital.
