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 homeAll 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 .
Listed By
Agency Name: Small Fee Realty
Shown By
Agent Name: The Jean Ann & Ron Gilbert Team
Agent Phone:
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 457.26 per month $356.09 Principal & Interest $54.50 Property Tax $46.67 Homeowner's Insurance
10042 Damon Lane | MLS# 1346892
This single family home located at 10042 Damon Lane , Belleville, AR 72824 is currently listed for sale with an asking price of $160,000. This property was built in 1987 and with 5000 sq. ft. Damon Lane is located within the Danville school district. Search Belleville real estate on www.gilbertteamnwa.com today.