195 COUNTY ROAD 137
CORNING, AR 72422

$1,295,000

N/A Beds

0 Baths

9,632 Sq Ft

Status Active

MLS# 24004008

20-doors! Three all brick buildings. Take a look at this investment opportunity offering not only a solid income stream but also the potential for expansion. The 2.42-acre lot provides an excellent opportunity for further development, allowing you to capitalize on the demand for additional rental units. 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.

Details for 195 COUNTY ROAD 137

Built in 1967

$134 / Sq Ft

Central Cool-Electric, Central Heat-Electric

104 Days on website

2.42 acres lot

Interior

Appliances

Free-standing Stove, Refrigerator-stays

Flooring

Concrete, Laminate

Interior Features

Built Ins

Living Area

9,632 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1967

Exterior And Lot

Exterior Features

Porch

Lot Size Acres

2.42

Lot Size Square Feet

105415

Parking Features

Parking Pads

Zoning

R-2

Utilities

Heating

Central Cool-electric, Central Heat-electric

Area And Schools

City

Corning

County Or Parish

Clay

Subdivision Name

Westwood Acres

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$1,321.00