Conway AR Real Estate & Homes for Sale

1 Properties Found

The median home value in Conway, AR is $188,500. This is higher than the county median home value of $180,000. The national median home value is $308,980. The average price of homes sold in Conway, AR is $188,500. Approximately 49% of Conway homes are owned, compared to 44% rented, while 8% are vacant. Conway real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Conway real estate agent to arrange a tour today!
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Beds:
30
Baths:
15.00
Sq.Ft.:
12,500
Status:
Active
MLS#:
20502206
Type:
Triplex, Multi-Family
Subdivision:
Torro Park
Lot size:
4.67 Acres
Year built:
1991
A broker reciprocity listing Courtesy: Burt Zinser - Compass RE Texas, LLC., 214-727-2145 Burt Zinser
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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

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NTREIS Multiple Listing Service
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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