195, 18, 208 CR 137 Active Save Request In-Person Tour Request Virtual Tour
Corning,AR 72422
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 9,632 sqft
Price per Sqft $102
Subdivision Westwood Acres
MLS Listing ID 25030661
Style Traditional
Year Built 1967
Annual Tax Amount $1,321
Lot Size 2.420 Acres
Property Sub-Type Apartments
Property Description
20-doors! Three all brick buildings on +/-1.5 acres. Take a look at this investment opportunity offering not only a solid income stream but also the potential for expansion. Positioned near the future I-57 interstate, this complex is convenient for commuters, enhancing its desirability and long-term value. All 20 apartments were upgraded with new mini-split heating and air units in 2024, offering tenants comfort and energy efficiency. Additional revenue income from on-site coin-operated laundry. Room for value add and rate improvements. An additional +/- 1.0 acre with appproxmimatly 240 ft of highway frontage is available to purchase providing an excellent opportunity for further development, allowing you to capitalize on the demand for additional rental units or other business ventures.
Location
State AR
County Clay
Area Clay County
Zoning R-2
Rooms
Kitchen Free-Standing Stove,Refrigerator-Stays
Interior
Heating Central Cool-Electric,Central Heat-Electric
Flooring Concrete,Laminate
Equipment Free-Standing Stove,Refrigerator-Stays
Exterior
Exterior Feature Porch
Parking Features Parking Pads
Utilities Available Sewer-Public,Water-Public,Electric-Co-op,Gas-Natural
Roof Type Composition,Metal
Building
Lot Description Level
Foundation Slab
New Construction No