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.
Active
$2,300,000
Conway, AR 72032
--beds
--baths
17,617sqft
Est.:
Apartment
Built in 1999
-- sqft lot
$2,083,000 Zestimate®
$131/sqft
$-- HOA
What's special
Modern flooringPrime locationUpdated exterior columnsFresh paintNew doorsUpgraded lightingFreshly painted unit doors
- 105 days
- on Zillow |
- 158 |
- 13 |
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