This is a great value-add apartment complex with 8-Units under one roof. The seven 1BR units have new HVAC systems added in 2017. Building was converted from gas to be all electric with new wiring, new stoves, and new water heaters in 2020. Currently 100% occupied. There is a standalone outbuilding with 3 washer and 3 dryer hookups on the grounds for tenant usage.

Exterior BrickVinyl Siding Exterior Amenities Paved Streets Levels Two Story Style 2 StoryTraditional

1 Bedroom Unit Kitchen Yes 1 Bedroom Unit Living Room Yes 1 Bedroom Unit Number Of Baths 1 2 Bedroom Unit Number Of Baths 0 3 Bedroom Unit Kitchen Yes 3 Bedroom Unit Living Room Yes 3 Bedroom Unit Number Of Baths 2 4 Bedroom Unit Number Of Baths 0 Cooling Features Central AirWall/Window Unit Floors CarpetVinyl Heat Features CentralElectric Laundry Features Dryer Hook UpShared On SiteWasher Hook Up Number Of1 Bedroom Units 7 Number Of2 Bedroom Units 0 Number Of3 Bedroom Units 1 Number Of4 Bedroom Units 0 Window Treatment Blinds

1 Bedroom Unit Actual Rents 450.00 1 Bedroom Unit Includes 1 Car ParkingCentral AirElectric HeatRangeRefrigerator 1 Bedroom Unit Lease MY Monthly 2 Bedroom Unit Actual Rents 0.00 3 Bedroom Unit Actual Rents 650.00 3 Bedroom Unit Includes 2 Car ParkingCentral AirElectric HeatRefrigeratorWindow Unit 4 Bedroom Unit Actual Rents 0.00 Agent Owned No Auction No Builder Owned No Electric Features Clay County Fips Code 21 Flood Zone No Gross Income 45600.00 Insurance Expense 3100.00 Landscape Expense 0.00 Lease Type Net Lot Description Level Maintenance Expenses 4000.00 Management Expenses 0.00 Net Income 20311.00 Possession At Closing Property Subtype1 Apartments Sewer Septic Septic Short Sale No Tax Year 2021 Taxes 728.00 Terms CashConventional Transaction Type Sale Utility Expense 12600.00 Water Supply City Zoning R-2

27 Cr 137 Road

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27 Cr 137 Road Corning, AR 72422

Property Description

Exterior	Brick Vinyl Siding
Exterior Amenities	Paved Streets
Levels	Two Story
Style	2 Story Traditional

1 Bedroom Unit Kitchen	Yes
1 Bedroom Unit Living Room	Yes
1 Bedroom Unit Number Of Baths	1
2 Bedroom Unit Number Of Baths	0
3 Bedroom Unit Kitchen	Yes
3 Bedroom Unit Living Room	Yes
3 Bedroom Unit Number Of Baths	2
4 Bedroom Unit Number Of Baths	0
Cooling Features	Central Air Wall/Window Unit
Floors	Carpet Vinyl
Heat Features	Central Electric
Laundry Features	Dryer Hook Up Shared On Site Washer Hook Up
Number Of1 Bedroom Units	7
Number Of2 Bedroom Units	0
Number Of3 Bedroom Units	1
Number Of4 Bedroom Units	0
Window Treatment	Blinds

1 Bedroom Unit Actual Rents	450.00
1 Bedroom Unit Includes	1 Car Parking Central Air Electric Heat Range Refrigerator
1 Bedroom Unit Lease MY	Monthly
2 Bedroom Unit Actual Rents	0.00
3 Bedroom Unit Actual Rents	650.00
3 Bedroom Unit Includes	2 Car Parking Central Air Electric Heat Refrigerator Window Unit
4 Bedroom Unit Actual Rents	0.00
Agent Owned	No
Auction	No
Builder Owned	No
Electric Features	Clay County
Fips Code	21
Flood Zone	No
Gross Income	45600.00
Insurance Expense	3100.00
Landscape Expense	0.00
Lease Type	Net
Lot Description	Level
Maintenance Expenses	4000.00
Management Expenses	0.00
Net Income	20311.00
Possession	At Closing
Property Subtype1	Apartments
Sewer Septic	Septic
Short Sale	No
Tax Year	2021
Taxes	728.00
Terms	Cash Conventional
Transaction Type	Sale
Utility Expense	12600.00
Water Supply	City
Zoning	R-2