Corning, AR 72422,195, 18, 208 CR 137
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195, 18, 208 CR 137 Corning, AR 72422

9,632 SqFt


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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

Acres 2.42

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

Interior Features Built Ins

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


Listed by Halsey Real Estate • Kim Shelton
agent

Keisha Willingham

Agent

+1(903) 733-2092

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195, 18, 208 CR 137