2200 Washington Ave, Conway, AR 72032

This 24-unit apartment building, located at 2200 Washington Ave in Conway, Arkansas, offers a compelling investment opportunity. Built in 1970, the property boasts 11,842 square feet on a 0.61-acre lot. The building is part of an 11-property portfolio totaling 224 units, available for sale individually or as a package. Eight units have been fully renovated, featuring black granite counters and stainless-steel appliances. Sixteen additional units are currently under renovation, with completion expected within 60 days. Significant upgrades have been made, including a brand-new roof and HVAC systems installed in 2023. The property's prime location offers easy access to downtown Conway, Hendrix College, and major transportation hubs. This presents a unique chance to acquire a multifamily asset with strong potential for value enhancement and capital appreciation. The property is situated in Faulkner County, Arkansas, with a zip code of 72032. This is a rare opportunity to acquire a well-maintained, updated apartment building in a thriving Arkansas market.