A hard to find investment property offering privacy, infrastructure, & scalable income potential. This 4.7 acre multi-unit property's just a stone's throw outside Danville city limits-exceptional flexibility for future development w/no building codes. Rare setup includes five separate dwellings, each w/its own electric meter & septic system, making management simple & expansion straightforward. Included on the Property: 3 BR / 2 BA home, 2 BR / 1 BA home, 3 BR / 2 BA mobile home, 3 BR / 2 BA mobile home, 3 BR / 2 BA mobile home All units previously rented for $600/month while in below market condition. All dwellings need TLC, offering significant value-add potential for investors looking to renovate & increase rents. With improvements, projected income will rise substantially across all units. Located 7 minutes from the Wayne Farms Poultry Plant-a strong advantage for long term investors. W/ nearly five acres, there is ample room for additional mobile homes for buyers looking to expand into a mobile home park .
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| For Sale ~ Price Changed Residential | $140,000 -6.7% | $28 | Small Fee Realty | |
| For Sale ~ Price Changed Residential | $150,000 -6.3% | $30 | Small Fee Realty | |
| Listed For Sale Residential | $160,000 | $32 | Small Fee Realty |
| Year | Annual Amount | Description |
|---|---|---|
| $654 | PT SW SE ***** A PART OF THE SW 1/4 OF THE SE 1/4 OF SECTION 13, TOWNSHIP 5 NORTH, RANGE 23 WEST, YELL COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS COMMENCING AT THE SW CORNER OF THE SW 1/4 OF THE SE 1/4; THENCE NORTH, A DISTANCE OF 499.00 FEET; |