Check out Stonegate Manor Apartments. This 34-unit apartment complex with substantial value-add potential in Searcy located just one mile from Harding University, where nearly 5,000 students attend class daily. Not only this, but it also sits just South of E Beebe Capps Expy which has a 19,000 average VPD count as well as numerous businesses that sit on it. The Stonegate Manor Apartments have 34 units that are 2 bed/1 bath and a single unit that has had the bottom floor converted to the laundry room for the entire complex. There are 2 washers and 2 dryers in this unit. The upstairs has been walled off from each side upstairs but could be expanded into for additional rooms with additional rental income. The property sits on 1.76 acres with an approximate total rentable square footage of 28,900 SF before counting the untapped potential of the upstairs of the laundry unit. It is comprised of 10 buildings. Property management is currently being handled by a local third-party company. The property is currently sitting at a 47.05% occupancy with 16 out of 34 units rented. The current owners have done many updates since taking ownership including both interior and exterior improvements.
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
46/100
Walk Score ®
38/100
Bike Score ®
The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 26/100.
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Source: Realty.com
701 S Elm Street, Searcy, AR 72143 is a Multi Family, Residential Income property listed for $1,425,000 The property is 16432 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 17 photos of 701 S Elm Street.
Our records indicate that 701 S Elm Street was built in 1970.
The full address for this home is 701 S Elm Street, Searcy, AR 72143.
701 S Elm Street has been listed on Realty.com since Fri July 28, 2023
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 26/100.
There are 3 schools assigned to this home. Check out the schools near 701 S Elm Street. Kensett Elementary School (Grades: PK - 6), Southwest Middle School (Grades: 4 - 6), Asu Area Career Center (Grades: 9 - 12)
Listing provided courtesy of:
Re/max Elite Conway Branch
(tel: 501-291-3841)
Listing agent:
Brendan Hale
(#25353)
This content last refreshed on 2025-12-05 22:48:55. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 701 S Elm Street, Searcy, AR 72143 : MLS# 23016679
