143 Green Valley Drive

Greenbrier, AR 72058

$1,800,000
Price
30
Beds
15
Baths
12,500 Sq. Ft.
$144 / Sq. Ft.
12,500
Sq. Ft.
$144
per Sq. Ft.

Description

Agent-owned rental property has been successfully managed remotely, from Dallas since 2016. These stay full. 10 of the 15 have been renovated & upgraded over the last few years with ceramic or porcelain floors & a new bathrooms. The city has run a sewer line that this property could tie into enabling more units being built on the 4.67 acre property. It would be easy to build 30 new units for a total of 45. Rents average 900-1100 per month for a 2 bedroom apartment. With the increase in housing construction...Agent-owned rental property has been successfully managed remotely, from Dallas since 2016. These stay full. 10 of the 15 have been renovated & upgraded over the last few years with ceramic or porcelain floors & a new bathrooms. The city has run a sewer line that this property could tie into enabling more units being built on the 4.67 acre property. It would be easy to build 30 new units for a total of 45. Rents average 900-1100 per month for a 2 bedroom apartment. With the increase in housing construction cost there is significant demand for rental property in this small town that is 15 minutes from Conway with it's 3 colleges and two hospitals. Tenants often live here and commute into Conway or Little Rock. This complex is popular with retired people as well which makes it easier to manage from afar as they are happy to communicate the going ons. Local real estate agents are happy to manage for 6% of gross if you don't want to. Seller is a licensee of the Texas Real Estate Commission

Listing Agent

  1. Burt Zinser

    Burt Zinser

    Listing Agent

    Compass

Property Details for 143 Green Valley Drive

Subdivision Name
Torro Park
Pool
No
Garage Spaces
0
Number Of Parking Spaces
30

Location

Add your commute
LISTING UPDATED: 03/25/2024 10:14 AM

Property Details for 143 Green Valley Drive

StatusActive
MLS #20502206
Days on Market126
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1991
Lot Size4.67 AC / 203,425 SF
CountyFaulkner County

Location

Add your commute

Building Information for 143 Green Valley Drive

Stories1Residences15Year Built1991Building Size-Lot Size4.67 AC / 203,425 SF

Payment Calculator

$9,823 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 143 Green Valley Drive

Summary
Location and General Information
  • Complex Name: Valley View
  • Directions: 5 triplexes sitting on 4.67 acres. 143, 145, 147, 149 and 151 Green Valley Drive in Greenbrier, AR. Greenbrier is located in Faulkner County, Arkansas and the local schools are rated 10 out of 10. Greenbrier is known as the safest town in Arkansas.
  • Elementary School: Arkansas
  • Elementary School Name: Arkansas
  • High School: Arkansas
  • High School Name: Arkansas
  • Middle School: Arkansas
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Arkansas
  • Geocode Confidence: Medium
  • Latitude: 35.21
  • Longitude: -92.41
  • State: Arkansas
Parking
  • Parking Features: Concrete, Off Street
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Heating: Central, Electric
  • Interior Features: Other
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Appraiser
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Asphalt
  • Number Of Units Total: 15
  • Levels: One
Property
Utilities
  • Utilities: City Water, Electricity Connected, Outside City Limits, Overhead Utilities, Septic, Sewer Available
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
Lot Information
  • Lot Features: Cleared, Few Trees, Lrg. Backyard Grass
  • Lot Size Acres: 4.67
  • Lot Size Area: 4.67
  • Lot Size Units: Acres
  • Lot Size Square Feet: 203425.2
  • Multi Parcel ID: Yes
  • Parcel Number: Lots 3,4,5,6,7 of Torro Park
Multi Family
Multi-Family Information
  • Number Of Buildings: 5
  • Capitalization Rate: 7.00%
  • Gross Annual Expenses: $18,000
  • Gross Annual Income: $144,000
  • Insurance Expense: $5,820
  • Total Annual Expenses Include: Gardener, Insurance, Maintenance, Maintenance Grounds, New Tax, Trash
  • Net Operation Income: $126,000.00
Unit 1
  • Approximate SQFT: 833.0
  • Average Lease Amount: $800.00
  • Dining Area Length: 1.0
  • Dining Area Width: 1.0
  • Kitchen Length: 1.0
  • Kitchen Width: 1.0
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Master Bed Length: 1.0
  • Master Bed Width: 1.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 15

Property History for 143 Green Valley Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 143 Green Valley Drive

Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 8 to 9
Public - 10 to 12
Public - 6 to 7
Rating
School
Distance
Greenbrier Westside Elementary School
PublicPK to 5

Greenbrier Junior High School
Public8 to 9

Greenbrier High School
Public10 to 12

Greenbrier Middle School
Public6 to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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143 Green Valley Drive is a multi-family home for sale in Greenbrier, AR 72058. This property was listed for sale on December 30, 2023 by Compass, it's currently listed at $1,800,000. Nearby schools include Greenbrier Westside Elementary School, Greenbrier Junior High School and Greenbrier High School. 143 Green Valley Drive is a 30-bed, 15-bath, 12,500 sqft multi-family home built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 03/25/2024 10:14 AM