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    195 Cr 137

    Corning, AR 72422
    • $799,000
    • STATUS: Active
    • ON SITE: 65 days
    • MLS #: 21023276
    UPDATED: 36 min ago
    $799,000
    • 0
      BEDS
    • 2.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,632
      SQFT
    • $83
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Description

    20 Doors! Take a look at this property. Approximate cap rate of 11.49% and 1.3% monthly cash flow rate. $39,950/door investment. Three all brick buildings. Two with metal roofs. Situated on 2.42 acres with room to build additional buildings. Twelve one bath studio apartments that currently rent for $500/month and 8 one bedroom, one bath units at $550/mo. Rent includes utilities and trash pick up. Each apartment includes built in furniture, ranges, refrigerators, and gas heat. The buildings also have a share

    Monthly Payment Calculator



    © 2021 Cooperative Arkansas Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or United Country | Cozort. The data relating to real estate for sale or lease on this web site comes in part from CARMLS. Real estate listings held by brokerage firms other than United Country | Cozort are marked with the CARMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-09-25T08:40:15.89.
    www.ozarksunitedcountry.com/homes/119547946
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    195 Cr 137 Corning, AR 72422

    • Price: $799,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 21023276
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.42
    Acres
    9,632
    SQFT
    $83
    $/SQFT
    Neighborhood:
    Westwood Acres
    County:
    Clay
    Area:
    Clay County
    Property Description
    20 Doors! Take a look at this property. Approximate cap rate of 11.49% and 1.3% monthly cash flow rate. $39,950/door investment. Three all brick buildings. Two with metal roofs. Situated on 2.42 acres with room to build additional buildings. Twelve one bath studio apartments that currently rent for $500/month and 8 one bedroom, one bath units at $550/mo. Rent includes utilities and trash pick up. Each apartment includes built in furniture, ranges, refrigerators, and gas heat. The buildings also have a share
    Exterior Features

    Approx Lot Size 2.42 Exterior Features Porch Exterior Type Brick Foundation Slab Garage Parking Parking Pads Lot Level New Construction No Property Type Apartments Road Surface Paved Roof CompositionMetal Style Traditional

    Interior Features

    Floors ConcreteLaminate Heat And Air Space Heater-Gas Interior Features Built Ins Kitchen Equipment Free-Standing StoveRefrigerator-Stays Stories One Story

    Property Features

    Annual Expenses 33700 Annual Income 124800 Annual Taxes 1321 Documents On File None Documents Online None Expenses Include InsuranceManagementTaxesTrashUtilities Financing CashNew Loan-Conventional Foreclosure REO Unknown Inside City Limits No One Bedroom Maximum Rent 550 One Bedroom Minimum Rent 500 One Bedroom Units 20 Owner Agent Disclosure Listing Agent/Broker is Neither Possession At Closing Sale Or Rent For Sale Short Sale No Source Of Sq Ft Tax Records Tenant Expenses CableNone Three Bedroom Maximum Rent 0 Three Bedroom Minimum Rent 0 Three Bedroom Units 0 Two Bedroom Maximum Rent 0 Two Bedroom Minimum Rent 0 Two Bedroom Units 0 Utilities Electric-Co-OpGas-NaturalSewer-PublicWater-Public Will Subdivide No Zoning R-2

    Listing provided courtesy of Kim Shelton of Halsey Thrasher Harpole Real Estate Group. © 2021 Cooperative Arkansas REALTORS® Multiple Listing Service.


    © 2021 Cooperative Arkansas Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or United Country | Cozort. The data relating to real estate for sale or lease on this web site comes in part from CARMLS. Real estate listings held by brokerage firms other than United Country | Cozort are marked with the CARMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-09-25T08:40:15.89.
     
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