20-doors! Three all brick buildings on +/-1.5 acres. Take a look at this investment opportunity offering not only a solid income stream but also the potential for expansion. Positioned near the future I-57 interstate, this complex is convenient for commuters, enhancing its desirability and long-term value. All 20 apartments were upgraded with new mini-split heating and air units in 2024, offering tenants comfort and energy efficiency. Additional revenue income from on-site coin-operated laundry. Room for value add and rate improvements. An additional +/- 1.0 acre with appproxmimatly 240 ft of highway frontage is available to purchase providing an excellent opportunity for further development, allowing you to capitalize on the demand for additional rental units or other business ventures.
Corning is located in Arkansas. Corning, Arkansas has a population of 3,205. Corning is less family-centric than the surrounding county with 18.52% of the households containing married families with children. The county average for households married with children is 24.17%.
The median household income in Corning, Arkansas is $25,262. The median household income for the surrounding county is $32,219 compared to the national median of $57,652. The median age of people living in Corning is 44.3 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 47.8 inches per year, with 7.5 inches of snow per year.
