10042 Damon Lane

Belleville AR 72833

5000 sq. ft.

4.7 ac.

Single-Family

Currently for sale - view listing

Overview

A hard to find investment property offering privacy, infrastructure, & scalable income potential. This 4.7 acre multi-unit property's just a stone’s throw outside Danville city limits-exceptional flexibility for future development w/no building codes. Rare setup includes five separate dwellings, each w/its own electric meter & septic system, making management simple & expansion straightforward. Included on the Property: 3 BR / 2 BA home, 2 BR / 1 BA home, 3 BR / 2 BA mobile home, 3 BR / 2 BA mobile home, 3 BR / 2 BA mobile home All units previously rented for $600/month while in below market condition. All dwellings need TLC, offering significant value-add potential for investors looking to renovate & increase rents. With improvements, projected income will rise substantially across all units. Located 7 minutes from the Wayne Farms Poultry Plant-a strong advantage for long term investors. W/ nearly five acres, there is ample room for additional mobile homes for buyers looking to expand into a mobile home park .

Features

5000 sq. ft. floor area

4.7 ac. lot size

Single-Family

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