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.
Details
| MLS # | 25015582 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1999 |
| Days On Site | 512 |
| Listing Provided By | Moses Tucker Partners | Clint Bailey |
Features
| Story(s) | 1 |
|---|---|
| Units | 19 |
| Zoning | Multifamil |
| Acreage | 2.00 |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Architectural Shingle |
| Foundation | Slab |
Utilities
| Utilities | Other (see remarks) |
|---|
Area Information
| State | AR |
|---|---|
| County | Faulkner |
| City | Conway |
| Zip Code | 72034 |
| Area | CONWAY NORTHWEST |
| Subarea | CONWAY NORTHWEST |
| Community Name | Tyler |
| Listing VS Median (in Tyler) | |
Price: $2,100,000 low | high Med: $0 On site: 512 low | high Med: | |
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Learn More About This Property
| State | AR |
|---|---|
| County | Faulkner |
| City | Conway |
| Zip Code | 72034 |
| Area | CONWAY NORTHWEST |
| Subarea | CONWAY NORTHWEST |
| Community Name | Tyler |
| Listing VS Median (in Tyler) | |
Price: $2,100,000 low | high Med: $0 On site: 512 low | high Med: | |
