$140,000
FOR SALE10042 Damon Lane
Belleville, Ar, 72824
MLS #1346892
Subdivision: None
Building: -
- Beds
-/- Baths
5000 sqft
$ 28.00 /sqft
A hard to find investment property offering privacy, infrastructure, & scalable income potential. This 4.7 acre multi-unit property's just a stones 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 .
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Listing Courtesy of: Small Fee Realty
