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18 CR 137
Corning, AR 72422
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Highway accessibility.
EXECUTIVE SUMMARY
Take advantage of this income-generating property offering strong rental potential and future growth opportunities. Ideally located near the upcoming I-57 interstate, this 6-unit complex provides convenient commuter access, enhancing both tenant demand and long-term value. Each apartment was upgraded in 2023 with modern mini-split heating and air systems, delivering enhanced comfort and energy efficiency. Adjacent 6-unit building and 8-unit building are also available and can be purchased separately or as part of a larger investment package. An additional +/- 1.0 acre with approximately 240 ft of highway frontage is available to purchase providing an excellent opportunity for further development. Associated listings at 208 Highway 67 At CR 137 and 195 Highway 67 At CR 137. Three building package listing for 195, 18, 208 CR 137.
PROPERTY FACTS
| Price Per Unit | $58,481 | Lot Size | 2.42 AC |
| Sale Type | Investment | Building Size | 2,724 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1968 |
| Price Per Unit | $58,481 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 2.42 AC |
| Building Size | 2,724 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1968 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 722-01396-001C | Improvements Assessment | $57,490 |
| Land Assessment | $5,590 | Total Assessment | $63,080 |
PROPERTY TAXES
Parcel Number
722-01396-001C
Land Assessment
$5,590
Improvements Assessment
$57,490
Total Assessment
$63,080
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