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About This Home
This 0-bedroom, 0-bathroom single family at 515 2nd Avenue in Gravette, AR is listed for $2,200,000 ($152 per sqft). Built in 2027, the home offers 14,520 sqft of living space on a 0.69 acres lot.
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.
Key Features
- Built in 2027
- 0.69 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$11,766/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
515 2nd Avenue
Gravette, AR 72736
Wells Add Gravette
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom single family at 515 2nd Avenue is listed at $2,200,000 ($152/sqft). The estimated monthly payment is $9,533 based on 20% down at 6.5% interest.
Key features include: Built in 2027, 0.69 acre lot, 2 stories. Exterior Features: ConcreteDriveway.
This property is listed by Wally Teichmann and can be reached at 4792167158 or wally@colliernwa.com.
