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$2,300,000
Est. payment /mo
17,617 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 17,617 sqft
Price per Sqft $130
Subdivision Tyler
MLS Listing ID 25015582
Style Traditional
Year Built 1999
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Apartments
Property Description
Financials available upon request from the listing agent. This 19-unit multifamily complex is offered for sale in a prime location near Hendrix College, The Village at Hendrix, and downtown Conway. Seventeen of the nineteen units have been updated with durable, low-maintenance wood-look tile flooring and coordinated interior paint. The property has seen significant improvements, including a new roof installed in 2021, updated exterior columns, and fully renovated corridors with new doors, fresh paint, modern flooring, and upgraded lighting. The landscaping has been replaced with low-maintenance rock, enhancing curb appeal while reducing upkeep. Additional exterior updates include freshly painted unit doors with new numbering, upgraded water shutoffs with ball valves, and new energy-efficient LED lighting at all front entrances. The complex is fully occupied and has a history of minimal maintenance requirements, making it an excellent turnkey opportunity for investors seeking reliable, passive income.
Location
State AR
County Faulkner
Area Conway Northwest
Zoning Multifamil
Rooms
Kitchen Other (see remarks)
Interior
Interior Features Other (see remarks)
Heating Central Cool-Electric, Central Heat-Gas
Flooring Other (see remarks)
Equipment Other (see remarks)
Exterior
Exterior Feature Other (see remarks)
Parking Features Other (see remarks)
Utilities Available Other (see remarks)
Roof Type Architectural Shingle
Building
Lot Description Level, Other (see remarks)
Foundation Slab
New Construction No
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Listed by Moses Tucker Partners • Clint Bailey