515 2nd Avenue, Gravette, AR 72736
- $2,200,000
- 14,520
- SqFt
- List Price
- $2,200,000
- Status
- ACTIVE
- Days on Market
- 97
- MLS#
- ARKMLS-1351353
- Subtype
- Residential
- Style
- Contemporary
- New Construction
- Yes
- Year Built
- 2027
- Living Area
- 14,520
- Acres
- 0.69
- Subdivision
- Wells Add Gravette
Property Description
Purpose-built for the portfolio investor, this brand-new 10-unit multifamily development will deliver turnkey income potential. Each unit offers 1,452 square feet of generously designed living space — a footprint that commands stronger rents and attracts long-term tenants. Situated near Centennial Park and moments from Gravette High School, this development sits in a family-friendly community with genuine residential demand and easy access to the broader Northwest Arkansas growth corridor. With 14,520 square feet of total rentable area under a single R-3 zoned asset, you gain the efficiency of scale without the complexity of a large apartment community. New construction means no deferred maintenance and no capital surprises from day one. Newly constructed multifamily assets in emerging NWA submarkets are increasingly rare — don't miss this one.
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Additional Information
- Exterior Features
- Concrete Driveway
- Taxes
- $168
- Property Description
- Contemporary
- Flooring
- Luxury Vinyl Plank
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave
- Heating
- Central, Heat Pump
- Air Conditioning
- Central Air, Electric, Heat Pump
- Stories
- 2
- Levels
- Two
- Roof
- Architectural, Shingle
- Foundation
- Slab
- Parking Features
- Attached, Garage, Garage Door Opener
- School District
- Gravette
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Listing courtesy of Collier & Associates- Rogers Branch. 479-216-7158