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  • $1,015,000

    27 Ridge Ln, Mayflower, AR 72106

    --beds
    --baths
    15,424sqft
    Apartment
    Built in 1974
    -- sqft lot
    $1,134,800 Zestimate®
    $66/sqft
    $1,220 Estimated rent

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    $1,220/mo

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    $1,220/mo

    Rent Zestimate®

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    $5,806/mo

    Est. payment

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    $5,806/mo

    Est. payment

    What's special

    This is a fantastic 30 unit apartment complex with room to build another building adding even more units. The complex features 8 - 1 bedroom units and 22 - 2 bedroom units. There is also onsite coin operated laundry with provides extra income. The property is only 20 minutes from Little Rock and only 15 minutes from Conway. Both of these cities provide many jobs making this apartment complex conveniently located for any perspective tenants. if you are looking for a value add real estate investment, this is the investment for you. with the potential of building another building this would be a real smart move.

    Zillow last checked: 8 hours ago

    Listing updated: December 21, 2023 at 07:40am

    Listed by:

    David J Sutton 501-658-7299,

    RE/MAX Elite,

    Susan Sutton 501-766-1248,

    RE/MAX Elite

    Bought with:

    Victoria Vongsavath, AR

    Aclin Realty

    Source: CARMLS,MLS#: 23029015MLS Logo

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Free-Standing Range, Washer, Dryer
    • Laundry: Washer Hookup, Electric Dryer Hookup, Washer/Dryer-Comm. Out
    Features
    • Flooring: Partial Carpet, Tile, Laminate, Luxury Vinyl
    • Basement: None
    Interior area
    • Total structure area: 15,424
    • Total interior livable area: 15,424 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Parking Pad, Four Car or More
    Features
    • Levels: Two
    • Exterior features: Dumpster
    Lot
    • Size: 5.68 Acres
    • Features: Level, Not in Subdivision, Out of City
    Details
    • Zoning: muli res

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Apartment
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Mayflower
    • Subdivision: Not in List

    Other

    Other facts
    • Listing terms: VA Loan,FHA,Conventional,Cash
    • Road surface type: Paved