$995,000
CR 137 Corning, AR 72422
6
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Listed by Kim Shelton • Halsey Thrasher Harpole Real Estate Group
$995,000
Est. payment /mo
9,632 SqFt
Active
CR 137 Corning, AR 72422
UPDATED:
07/31/2024 10:41 PM
Key Details
Property Type Condo
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 9,632 sqft
Price per Sqft $103
Subdivision Westwood
MLS Listing ID 10112359
Annual Tax Amount $1,321
Tax Year 2022
Lot Size 1.500 Acres
Acres 1.5
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 Corning
Interior
Interior Features Built-Ins
Heating Natural Gas
Exterior
Roof Type 3-Tab Shingles,Metal
Building
Sewer City Sewer
Schools
Elementary Schools Corning
High Schools Corning
Others
Tax ID 722-01396-001C
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