195-18 208th Cres #137, Corning, AR 72422
FOR SALE2.42 ACRES

195-18 208th Cres #137
Corning, AR 72422

  • Studio
  • 9,632 sqft (on 2.42 acres)
  • Studio
  • 9,632 sqft (on 2.42 acres)

$1,295,000

Est. Mortgage $7,557/mo*

Local Information

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Commute Destination

Description

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.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$134
Listed
68 days ago

Home Details for 195-18 208th Cres #137

Active Status

MLS Status: Active

Interior Features

Appliances & Utilities
Appliances: Free-Standing Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Gas & Electric
Electric: Electric-Co-opGas: Gas-Natural
Windows, Doors, Floors & Walls
Flooring: Concrete, Laminate
Levels, Entrance, & Accessibility
Number of Stories: 1Levels: OneFloors: Concrete, Laminate

Exterior Features

Exterior Home Features
Roof: Composition MetalPatio / Porch: PorchFoundation: Slab
Parking & Garage
Parking: Parking Pad
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 68

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: Residential IncomeProperty Subtype: ApartmentArchitecture: Traditional
Building
Construction Materials: BrickNot a New Construction

Price & Status

Price
List Price: $1,295,000Price Per Sqft: $134
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: CorningCommunity: Westwood Acres

Agent Information

Listing Agent
Listing ID: 24004008

Building

Building Area
Building Area: 9632 Square Feet

Lot Information

Lot Area: 2.42 Acres

Offer

Listing Terms: Conventional, Cash

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 3.5Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Cable TV, None

Miscellaneous

Mls Number: 24004008
Last check for updates: 1 day ago
Listing courtesy of Kim Shelton, (870) 219-3322
Halsey Thrasher Harpole Real Estate Group, (870) 972-9191
Source: CARMLS, MLS#24004008

Price History for 195-18 208th Cres #137

DatePriceEventSource
02/07/2024$1,295,000Listed For SaleCARMLS #24004008
12/06/2021$799,000ListingRemovedCARMLS #21023276
07/21/2021$799,000Listed For SaleCARMLS #21023276

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Comparable Sales for 195-18 208th Cres #137

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2.25
Multi-Family Home
$165,000
04/28/23
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3,200

LGBTQ Local Legal Protections

Kim Shelton, Halsey Thrasher Harpole Real Estate Group
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
195-18 208th Cres #137, Corning, AR 72422 is a studio, 9,632 sqft multi-family built in 1967. This property is currently available for sale and was listed by CARMLS on Feb 7, 2024. The MLS # for this home is MLS# 24004008.