495 Highway 365

Mayflower, AR 72106
Square Ft.
6,896
$495,000
Exceptional Mixed-Use investment opportunity in Mayflower! This well positioned property features 9 units with 5(five) commercial units on the ground level and 4(four) residential units above, offering the perfect blend of steady income streams and long term growth potential. Situated in a growing area with easy access to major roadRead MoreRead Less
Courtesy of IRealty Arkansas - Cabot, Christopher Cribbs, 501-697-5522.
Listing Snapshot
Days Online
74
Last Updated
Property Type
Apartments
Square Ft.
6,896
Lot Size
1 Acres
Year Built
1985
MLS Number
26011307
Property Location Map
Additional Details
Floors
Vinyl, Wall-to-Wall Carpet
Amenities
Security, Picnic Area
Basement
None
Unit One
Rent: $650, 1 bathroom in unit 1, Unit 1 is approximately 400 square feet
Unit Two
Rent: $650, 1 bathroom in unit 2, Unit 2 is approximately 400 square feet
Unit Three
Rent: $650, 1 bathroom in unit 3, Unit 3 is approximately 400 square feet
Unit Four
Rent: $750, 2 bedrooms in unit 4, 1 bathroom in unit 4, Unit 4 is approximately 750 square feet
Unit Five
Rent: $895, 2 bedrooms in unit 5, 1 bathroom in unit 5, Unit 5 is approximately 750 square feet
Unit Six
Rent: $750, 2 bedrooms in unit 6, 1 bathroom in unit 6, Unit 6 is approximately 850 square feet
Unit Seven
Rent: $895, 2 bedrooms in unit 7, 1 bathroom in unit 7, Unit 7 is approximately 850 square feet
Unit Eight
Rent: $775, 1 bedroom in unit 8, 1 bathroom in unit 8, Unit 8 is approximately 470 square feet
Building
Building is 6,896 square feet, 9 units, Built in approximately 1985, 2 one-bedroom units, 4 two-bedroom units, 2 one-bathroom units, 4 two-bathroom units, Builder: Take I-40 East to Mayflower, take the Mayflower exit, keep right to HWY 365. Building will be on the right hand side., Stories: Two Story, Style: Other (see remarks)
Exterior Features
Dumpster, Block, Frame
Foundation
Slab
Garage
Parking Pads
Home Owner's Association
Association/condo fee: $0
Heating & Cooling
Central Cool-Gas, Central Cool-Electric, Window Units, Central Heat-Gas, Floor/Wall Furnace
Interior Features
Ceiling: Sheet Rock, Vault Ceiling, Walls: Sheet Rock, Washer Connection, Washer-Stays, Dryer Connection-Gas, Dryer-Stays, Hot Water Heater-Gas, Hot Water Heater-Electric, Smoke Detector, Primary Bedroom with Bath
Kitchen
Free-Standing Stove, Gas Range, Refrigerator-Stays, Exhaust Fan
Lot
Approximately 1 acre, Approximate lot size: 1 acre, Level, Not in Subdivision, Flood Insurance Required
Income
Annual income: $65,000
Expenses
Annual expenses: $26,000
Miscellaneous
Unit 9 rent: $775, 1 bedroom in unit 9, 1 bathroom in unit 9, Unit 9 is approximately 470 square feet
Tenant Pays
Cable
Property
Zoning: C1, River name: 760-01089-000, Creek
Roof
Architectural Shingle
Taxes
Annual taxes: $2,610, Tax year: 2025
Utilities
Gas-Natural, Septic, Water-Public
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Ashley Watters
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