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344 Mathis Rd, Lonoke, AR 72086

$181,000
Last sold 07/17/2023 for $260K
18
bed
13
bath
8,770
Sqft ($30/Sqft)

Multi-family not for sale

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About 344 Mathis Rd

Property type Multi-family

Neighborhood

Year built 1997

HOA fee $0/month

Lot size 7.54 Acre

Movoto estimate

Property description

Opportunity of a live time nearly 8 acres with 6 Mobile Homes and two tiny houses. Possibilities are endless with room to grow 2 acres are cleared with grass and an additional 1.5 acres are wooded. 2 Doublewides set up as duplex units so actually all total 10 tenants. 4 singlewides and 2 tiny houses. Unrestricted out of the City Limits with easy access on and off the highway to freeway systems in between Cabot Jacksonville and Lonoke. 14 miles to the front gate of the Little Rock Air Force Base.

Listed by

Listing Agent - Caroline M Pittman

Listing Office - Aclin Realty

Source: CAR MLS

MLS#22010126 • last updated 2 years ago

Movoto checked CAR MLS for data 5 minutes ago

Overview
Levels/Style	Traditional, Other (see Remarks)
Status	Sold
SqFt	8770
Type	Multi-Family
SubType	PKG Single Family
MLS #	22010126
Lot Size (Acres)	7.54
Annual Taxes	1146
Listing Agent Contact	Carolinepittmanrealtor@gmail.com, 501-352-5012
Listing Office Contact	479-430-9334, Rla.receipts1981@gmail.com
Listing Office	Aclin Realty
New Construction?	No
Year Built	1997
Listing Agent	Caroline, Pittman
Buyer Agent Commisison %	2.4

Interior
Kitchen	Free-Standing Stove
Basement	None
Flooring	Partial Carpet, Vinyl
Walls	Sheet Rock
Interior Features	Washer Connection, Dryer Connection-Electric
Ceiling	Sheet Rock, Vault Ceiling

Exterior
Foundation	Crawl Space
Exterior	Metal/Vinyl Siding
Roofing	Composition
Garage/ Parking	Assigned
Lot Desc	Level, Cleared, Not In Subdivision, Out Of City

Amenities / Utilities
Utilities	Septic, Well, Electric-Municipal
Green Features	Insulated Windows, Insulated Doors

Location
County	Lonoke
River	No
Area	LONOKE SCHOOL DISTRICT
Subdivision	Metes & Bounds
APN	001-08919-018
Directions	From Innerstate-40 Take The Hwy 15/ Remington Road Exit Towards Furlow. When 294 And Hwy 89 Cross Make A Right Onto 89 Towards Lonoke Turn Left Onto Furlow Loop Then Left Onto Welch Rd Then Left Onto Mathis Rd. From Cabot Take 89 To Furlow Turn Left.
Zoning	R

Multifamily Details
Unit 8 # Bedrooms	1
Unit 7: Rent	450
Unit 8: Rent	450
Unit 6 Rent	650
Unit 5: Rent	600
Unit 3: Rent	850
Unit 4: Rent	1000
Unit 4: # Bathrooms	2
Unit 4: SqFt	2000+
Unit 5: # Bedrooms	3
Unit 5: # Bathrooms	2
Unit 5: SqFt	900+
Unit 6 # Bedrooms	3
Unit 6 Baths	2
Unit 6: SqFt	1100+
Unit 8: SqFt	520
Unit 8: # Bathrooms	1
Unit 7 Baths	1
Unit 7 # Bedrooms	1
# of 1-Bath Units	2
Unit 7: SqFt	450
Unit 1: # Bedrooms	2
2-BR: Max Rent	500
2-BR: Min Rent	500
1-BR: Max Rent	450
3-BR: Min Rent	600
Tenant Pays	Electric, Cable, Other (see Remarks)
Unit 2: SqFt	900+
# of 3-Bath Units	2
# of 2-Bath Units	4
3-BR: Max Rent	650
1-BR: Min Rent	450
Unit 2 Baths	1
Unit 1: SqFt	900+
Unit 2: # Bedrooms	2
Unit 1: # Bathrooms	2
Unit 3: # Bedrooms	2
Unit 3: # Bathrooms	2
2Br # Of Units	4
1Br # Of Units	4
3Br # Of Units	2
Total # of Units	8
Expenses Include	Taxes, Insurance
Annual Operating Expenses	5646
Annual Income	60000