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
Cooperative Arkansas REALTORS®l MLS, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating