Gravette, AR 72736,107 NE Akron St
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Gravette, AR 72736,107 NE Akron St
Gravette, AR 72736,107 NE Akron St
Gravette, AR 72736,107 NE Akron St
Gravette, AR 72736,107 NE Akron St

$190,000

Est. payment /mo

$199,000

4.5%
Est.Price: ?

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107 NE Akron St Gravette, AR 72736

3,900 SqFt

SOLD DATE : 05/16/2025

Key Details

Sold Price $190,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $48

MLS Listing ID 1303016

Sold Date 05/16/25

Construction Status 25 Years or older

HOA Y/N No

Annual Tax Amount $1,561

Lot Size 5,662 Sqft

Acres 0.13

Property Description

Investors take note! This is a 29-unit self-storage building located in the bustling downtown area of Gravette, AR. A rare opportunity to own a downtown parcel in the growing area of Northwest Arkansas. You can enjoy a steady stream of passive rental income from a diversified tenant base. Over 85% occupancy, there is potential for income consistency and growth. The roof has been recently replaced, ensuring minimal maintenance costs in the near future. No utilities to worry about. New 2025 rates are not yet in effect, offering the potential for even greater returns on your investment. The Gravette area is evolving and growing, offering the potential for long-term appreciation of your investment. The lot itself has great redevelopment potential in the center of town. With its convenient location in downtown Gravette, these units are pretty self-sustaining while anticipating the growth to come. Agent owned. Add'l mini storage listing available at 150 SE Charlotte St. See ML#1303029. Agent owned.

Location

State AR

County Benton

Direction 72W to 59N, right on Akron

Exterior

Present Use Mini Storage

Building

Lot Description Central Business District

New Construction No

Construction Status 25 Years or older

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Listed by Mission House Real Estate
Bought with Gibson Real Estate
agent

Bethany Stephens

Advisor | License ID: SA00096366

+1(479) 936-0253

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