The mobile home park was purchased and the interior of the triplex has been renovated in 2018 which included all new electric, plumbing, drainage has been installed, paint, sheet rock, electric appliances, windows, and new septic system is in process of being installed. All livable units are leased. The lot rents could be increased but have never done so. Park is 10+ acres with only 5 acres being utilized. There are 18 available additional lots, 2 existing park homes, 2 lot rents, plus the triplex.
Off market
$349,800
10201 Butler Lake Rd, Mabelvale, AR 72103
--beds
0baths
3,115sqft
MultiFamily
Built in 1951
-- sqft lot
$349,800 Zestimate®
$112/sqft
$865 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric
Cooling
- None
Appliances
- Included: Range / Oven
Features
- Window Treatments, Washer Connection, Other (see remarks)
- Flooring: Concrete, Linoleum / Vinyl
- Doors: Insulated Doors
- Windows: Insulated Windows, Window Treatments
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Structure area source: Tax Records
- Total interior livable area: 3,115 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street
Features
- Patio & porch: Deck, Patio, Porch, Other (see remarks)
- Exterior features: Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Other/See Remarks
Lot
- Size: 10 Acres
- Features: Level, Pond, Lake View, Not in Subdivision, Other (see remarks)
- Topography: Level
Details
- Parcel number: 00101406000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story, Traditional, Other (See Remarks)
Materials
- Frame
- Foundation: Slab
- Roof: Other
Condition
- Year built: 1951
Utilities & green energy
- Sewer: Septic Tank, Other
- Water: Other
- Utilities for property: Electricity Connected, Other, Cable Connected, TV-Satellite Dish, TV-Antenna
Green energy
- Energy efficient items: Windows, Doors
Community & neighborhood
Location
- Region: Mabelvale
Other
Other facts
- View: Lake
- ViewYN: true
- BuildingFeatures: DSL/Cable Available
- Sewer: Septic Tank, Other
- RoadSurfaceType: Paved, Gravel
- Topography: Level
- ArchitecturalStyle: Two Story, Traditional, Other (See Remarks)
- HeatingYN: true
- PatioAndPorchFeatures: Deck, Patio, Porch, Other (see remarks)
- Utilities: Electricity Connected, Other, Cable Connected, TV-Satellite Dish, TV-Antenna
- CoolingYN: true
- FoundationDetails: Slab
- WaterfrontYN: true
- ConstructionMaterials: Frame, Sheet Rock
- LeaseTerm: 12 Months
- StoriesTotal: 2
- NumberOfUnitsInCommunity: 25
- LotFeatures: Level, Pond, Lake View, Not in Subdivision, Other (see remarks)
- GreenEnergyEfficient: Windows, Doors
- Cooling: Window Unit(s)
- NumberOfUnitsTotal: 25
- InteriorFeatures: Window Treatments, Washer Connection, Other (see remarks)
- Flooring: Concrete, Luxury Vinyl
- ElectricOnPropertyYN: True
- WaterSource: Other
- HomeWarrantyYN: True
- OperatingExpenseIncludes: Other, Water/Sewer
- WindowFeatures: Insulated Windows, Window Treatments
- CommonWalls: 2+ Common Walls
- BuildingAreaSource: Tax Records
- DoorFeatures: Insulated Doors
- OpenParkingYN: true
- TenantPays: Electricity, Other
- Appliances: Electric Range, Washer Connection, Dryer Connection-Electric, Other (see remarks)
- CurrentFinancing: Cash, New Loan-Conventional, Other (see remarks), New Loan-VA, New Loan-FHA
- Heating: Space Heater, Central Heat-Woodburning
- LotSizeSource: Tax Records
- GrossIncome: 37320
- Roof: Other (see remarks), Architectural Shingle
- WaterfrontFeatures: Other/See Remarks
- MlsStatus: Take Backups
- NetOperatingIncome: 37320
- Road surface type: Paved, Gravel