1902 Logan St, Arkadelphia, AR 71923

This exceptional 1.16-acre lot in Arkadelphia, Arkansas, presents a prime multifamily development opportunity. Located at 1902 Logan St, zip code 71923, in Clark County, this property is zoned R-3 and boasts approved plans for a sixteen-unit apartment complex. The site's strategic location ensures high demand for rental units, promising strong returns on investment. All essential utilities are readily accessible at the roadside, simplifying the construction process and minimizing development costs. The 1.16-acre size provides ample space for the planned complex and potential future expansion. This buildable lot represents a rare chance to capitalize on the growing need for multifamily housing in a thriving Arkansas community. The approved plans streamline the development process, reducing time and uncertainty. With its convenient location, utilities readily available, and approved plans, this property is ready for immediate development, offering a significant return for the discerning investor. Don't miss this chance to acquire a highly desirable multifamily development site in a rapidly growing area. The asking price is $200,000. Broker co-op is available.