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1313 Elm St
Conway, AR 72034

Multifamily Property For Sale · 16 Units

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INVESTMENT HIGHLIGHTS

Walkable to shopping and restaurants

EXECUTIVE SUMMARY

Lofts are completely remodeled and offer a unique design with a prime downtown location. All units have washers/dryers. All roofs and HVAC systems replaced in the last 3 years.

PROPERTY FACTS

Price Per Unit	$121,875	Building Class	C
Sale Type	Investment	Lot Size	0.67 AC
Sale Condition	Building in Shell Condition	Building Size	10,496 SF
No. Units	16	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1987/2020
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Garden

Price Per Unit	$121,875
Sale Type	Investment
Sale Condition	Building in Shell Condition
No. Units	16
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	0.67 AC
Building Size	10,496 SF
No. Stories	2
Year Built/Renovated	1987/2020
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

UNIT AMENITIES

Air Conditioning
Balcony
Washer/Dryer Hookup

Heating
Ceiling Fans
Kitchen

Vaulted Ceiling
Tub/Shower

Island Kitchen
Patio

SITE AMENITIES

24 Hour Access

Courtyard

Laundry Facilities

Walking/Biking Trails

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
2+1	16	-	600 - 650

PROPERTY TAXES

Parcel Number	710-05702-000	Improvements Assessment	$214,630
Land Assessment	$17,370	Total Assessment	$232,000

PROPERTY TAXES

Parcel Number

710-05702-000

Land Assessment

$17,370

Improvements Assessment

$214,630

Total Assessment

$232,000

Listing ID: 31272115
Date on Market: 3/19/2024
Last Updated:
Address: 1313 Elm St, Conway, AR 72034

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