Address
3166 Hwy 101, Gamaliel, AR
Price
$ 1,150,000
Property Attributes
  • MLS#132003
  • TypeMulti-Family
  • Listing Status Active
  • CountyBAXTER
  • CityGamaliel
  • NeighborhoodMtn Lake Acres
  • Zip72537
  • StyleApartments,Duplex
  • Price$ 1,150,000
  • Bedrooms16
  • Full Bathrooms16
  • Half Bathrooms0
  • Lot Size3.77 Acres
Data Source:
Mountain Home AOR
Property Description

Twin Gables #1 and #2 offers 16 units, is fully leased out with long term tenants. Situated on 3.47 acres m/l in Gamaliel and located 0.5 miles to 101 Marina in Howard Cove, this opportunity is immediately income producing. The property includes one house with detached garage, four duplexes, and seven single structures, a laundry facility, located at TG#1, and a maintenance garage, located at TG#2. Several buildings on TG#1 have newer metal roofs and have been remodeled. All electric with well & septic.

Price History
7/18/2025 Listed $1,190,000
7/31/2026 4$1,150,000

General Features

Heating Central,Electric,Propane,Wood Furnace,Mini-split
Cooling Electric,Mini-split
Appliances Gas Range/Oven,Microwave,Refrigerator
Subdivision Mtn Lake Acres
County Baxter
Class MULTI-FAMILY
Type MULTI-FAMILY
Status ACTIVE
Region Mountain Home and Surrounding Areas
City Gamaliel
School District Mountain Home

Interior Features

Total Number of Units 16

Exterior Features

Exterior Stone,Wood Siding,Shingle Roof,Metal Roof
Lot Size Area 3.77

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 72537

Price
AVG $950K
$1.15M
Visits
AVG 156
267
Data Provided by Inside Real Estate®