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195 Cr 137

Corning, AR 72422
  • $995,000
  • STATUS: Active
  • ON SITE: 161 Days
  • MLS #: 10112359
UPDATED: 87 min ago
$995,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,632
    SQFT
  • $103
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2024 Jonesboro Board of REALTORS® MLS. All rights reserved.
www.neahomes4sale.com/homes/147361930
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195 Cr 137 Corning, AR 72422

  • Price: $995,000
  • Status: Active
  • On Site: 161 Days
  • Updated: 87 min ago
  • MLS #: 10112359
0
Beds
0
Baths
0
½ Baths
1.5
Acres
9,632
SQFT
$103
$/SQFT
Neighborhood:
Westwood
County:
Clay
Area:
Corning
Elementary School:
Corning
Middle School:
Corning
High School:
Corning
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.
Exterior Features

Exterior Brick Levels One Level Roof 3-Tab ShinglesMetal

Interior Features

1 Bedroom Unit Number Of Baths 0 2 Bedroom Unit Number Of Baths 0 3 Bedroom Unit Number Of Baths 0 4 Bedroom Unit Number Of Baths 0 Heat Features Natural Gas Interior Features Built-Ins Number Of1 Bedroom Units 0 Number Of2 Bedroom Units 0 Number Of3 Bedroom Units 0 Number Of4 Bedroom Units 0

Property Features

1 Bedroom Unit Actual Rents 0.00 1 Bedroom Unit Includes Owner Pays ElectricRangeRefrigerator 2 Bedroom Unit Actual Rents 0.00 3 Bedroom Unit Actual Rents 0.00 4 Bedroom Unit Actual Rents 0.00 Agent Owned No Auction No Builder Owned No Fips Code 21 Flood Zone No Gross Income 0.00 Insurance Expense 0.00 Landscape Expense 0.00 Lease Type Net Lot Description LevelShade Trees Maintenance Expenses 0.00 Management Expenses 0.00 Net Income 0.00 Occupant Type Tenant Possession At Closing Property Subtype1 Apartments Reo Property No Sewer Septic City Sewer Short Sale No Tax Year 2022 Taxes 1321.00 Transaction Type Sale Utility Expense 0.00 Water Supply City

Listing information © 2024 Jonesboro Board of REALTORS® MLS.
Listing provided by Halsey Thrasher Harpole Real Estate Group: 870-972-9191.

Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2024 Jonesboro Board of REALTORS® MLS. All rights reserved.
 
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Halsey Thrasher Harpole Real Estate Group
301 W Washington
Jonesboro AR, 72401