Address
143 Green Valley Drive, Greenbrier, AR
Price
$ 1,800,000
Property Attributes
  • MLS#20502206
  • TypeMulti-Family
  • CountyIN STATE OF ARKANSAS
  • CityGreenbrier
  • NeighborhoodTorro Park
  • Zip72058
  • StyleTriplex
  • Price$ 1,800,000
  • Bedrooms30
  • Full Bathrooms15
  • Half Bathrooms0
  • Lot Size4.67 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property 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

Elementary School
Arkansas Elementary School
Price History
12/30/2023 Listed $1,800,000

General Features

Heating Central,Electric
Complex Name Valley View
Cooling Central Air,Electric
Utilities City Water,Electricity Connected,Outside City Limits,Overhead Utilities,Septic,Sewer Available
Possession Closing/Funding
Roof Asphalt
Appliances Dishwasher,Electric Range,Electric Water Heater,Refrigerator
School District Arkansas
Capitalization Rate 7.00
Year Built 1991
Levels One
Will Subdivide No
Gross Annual Expenses 18000.00
Property SubType Triplex
Subdivision Name Torro Park
Insurance Expense 5820
Occupant Type Tenant
County County in State of Arkansas
Operating Expense Includes Gardener,Insurance,Maintenance,Maintenance Grounds,New Tax,Trash
Property Type Residential Income
Construction Materials Brick
Year Built Details Preowned
HOA Type None
# of Buildings 5
Status Active
Directions 5 triplexes sitting on 4.67 acres. 143,145,147,149 and 151 Green Valley Drive in Greenbrier,AR. Greenbrier is located in Faulkner County,Arkansas and the local schools are rated 10 out of 10. Greenbr
City Greenbrier
Buyer Agent Compensation 3
Elementary School Name Arkansas
High School Arkansas
Street Name Green Valley
Elementary School Arkansas
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20502206
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Other
Flooring Carpet,Ceramic Tile,Laminate
Occupancy Rate 100
Total Units 15
Unit Count 1
Full Baths 15
Lock Box Type None
Street Suffix Drive
Total Bedrooms 30

Exterior Features

Lot Features Cleared,Few Trees,Lrg. Backyard Grass
Parking Features Concrete,Off Street
Foundation Slab
Lot Size Area 4.6700
Number Of Parking Spaces 30
Lot Size Units Acres
Building Area Total 12500.00
Lot Size Square Feet 203425.2000
Lot Size Acres 4.6700

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 72058

Price
AVG $1.8M
$1.8M
Visits
AVG 69
68
Data Provided by Inside Real Estate®
Year Built
AVG 1991
1991

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