$1,800,000 $10,220 est/mo Sourced by Back At You

143 Green Valley Drive,Greenbrier, AR 72058

Greenbrier AR, 72058

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Description

Agent-owned rental property has been successfully managed remotely, from Dallas since 2016. These stay full. 10 of the 15 have been renovated & upgraded over the last few years with ceramic or porcelain floors & a new bathrooms. The city has run a sewer line that this property could tie into enabling more units being built on the 4.67 acre property. It would be easy to build 30 new units for a total of 45. Rents average 900-1100 per month for a 2 bedroom apartment. With the increase in housing construction cost there is significant demand for rental property in this small town that is 15 minutes from Conway with it's 3 colleges and two hospitals. Tenants often live here and commute into Conway or Little Rock. This complex is popular with retired people as well which makes it easier to manage from afar as they are happy to communicate the going ons. Local real estate agents are happy to manage for 6% of gross if you don't want to. Seller is a licensee of the Texas Real Estate Commission

Details

MLS#20502206
Listing TypeFor Sale
StyleTown House
Sub-TypeFor Lease
StatusActive
Year1991
Days On Site115
Listing Provided ByCompass RE Texas, LLC. | Burt Zinser

Features

Bed(s)30
Story(s)1
Units15
Building(s)5
Acreage4.67

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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StateAR
CountyCounty in State of Arkansas
CityGreenbrier
Zip Code72058
AreaCounty In State Of Arkansas
Community NameTorro Park
School DistrictArkansas
Elementary SchoolArkansas
Listing VS Median (in Torro Park)
Price:
$1,800,000
low | high
Med:
$0
On Site:
115
low | high
Med:
Sourced by Back At You
Listing Updated: March 25, 2024 at 10:30:04 AM PDT