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BEDS0
BATHS
SQUARE FEET14,520
MLS#1351353
STATUSActive
PROPERTY TYPEResidential -
SUBDIVISIONWells Add Gravette
SCHOOLGravette
Property Description
Purpose-built for the portfolio investor, this brand-new 10-unit multifamily development will deliver turnkey income potential. Each unit offers 1,452 square feet of generously designed living space ? a footprint that commands stronger rents and attracts long-term tenants. Situated near Centennial Park and moments from Gravette High School, this development sits in a family-friendly community with genuine residential demand and easy access to the broader Northwest Arkansas growth corridor. With 14,520 square feet of total rentable area under a single R-3 zoned asset, you gain the efficiency of scale without the complexity of a large apartment community. New construction means no deferred maintenance and no capital surprises from day one. Newly constructed multifamily assets in emerging NWA submarkets are increasingly rare ? don't miss this one.
Property Features
Property Type: Residential -
Cooling: Central Air, Electric, Heat Pump
Heating: Central, Heat Pump
Home Style: Contemporary
Lot Size: 0.69 Acres
Roof Type: Architectural, Shingle
Stories: 2.0
Taxes: $168
Year Built: 2027
Amenities
Concrete Driveway
Feature Descriptions
Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave
Community Features: Biking, Trails/Paths
Exterior: Brick, Masonite, Vinyl Siding
Fencimg: None
Flooring: Luxury Vinyl Plank
Lot: City Lot, Level
Parcel#: 11-00769-000
Parking: Attached, Garage, Garage Door Opener
Parking Notes: Attached, Garage, Garage Door Opener
Sewer: Public Sewer
Units: 10
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public
Local Schools
School District: Gravette
Listed By / Shown By
Listed By
Agency Name: Collier & Associates- Rogers Branch
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: NWAKBOR MLS
Estimate Your Payment
Estimated Payment
$ 5,551.91 per month $4,896.25 Principal & Interest $14.00 Property Tax $641.67 Homeowner's Insurance
515 2nd Avenue | MLS# 1351353
This home located at 515 2nd Avenue , Gravette, AR 72736 is currently listed for sale with an asking price of $2,200,000. This property was built in 2027 and with 14520 sq. ft. 2nd Avenue is located in the Wells Add Gravette subdivision within the Gravette school district. Search Wells Add Gravette real estate on www.clcommercialrealestate.com today.