ATTENTION: REAL ESTATE INVESTORS!
3 Properties with a Total of 10 Rental Units ~ Duplex, Triplex & a 5-Plex in Beautiful Conway, Arkansas with a Scheduled Gross Income of $7,425.00 Per Month! ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!
AUCTION LOCATION: 1936 College Avenue, Conway, AR 72034
REAL ESTATE DESCRIPTION: All Properties are in a Beautiful Neighborhood in Great Locations, Near All 3 Colleges, Downtown Businesses, Banks, and Restaurants! ~ These Properties are SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ Offers Made Prior to Auction Day are Welcome & Encouraged! ~ Remember, All Properties are Selling from the 1936 College Avenue Location
DETAILS OF PROPERTIES:
(PROPERTY 1) 1936/ 1938/ 1940 College Avenue ~ 1 Block from UCA ~ 3 Units (Two Units with 1 Bedroom/ 1 Bath, and One Unit with 2 Bedrooms/ 1 Bath), 1 Renting for $700.00 Monthly, 1 Renting for $725.00 Monthly, and 1 Renting for $750.00 Monthly. Annual Taxes are $1,113.00.
(PROPERTY 2) 839/ 841 Watkins Street ~ 2 Units (Each Unit with 1 Bedroom/ 1 Bath) Each Renting for $625.00 Monthly. One Unit is Currently Vacant. Annual Taxes are $726.00.
(PROPERTY 3) 845 Center Street ~ 5 Units (Four Units with 2 Bedrooms/ 1 Bath; 3 Renting for $800.00 Per Month, 1 Renting for $900.00 Per Month ~ One Unit with 1 Bedroom/ 1 Bath; Renting for $700.00 Monthly). One Unit is Currently Vacant. Seller Pays All Utilities, which Averages $905.00 Per Month. Annual Taxes are $2,354.00.
Auction Details
INSPECTION: Contact Agent Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. on Auction Day for Registration at the Auction Location: 1936 College Avenue, Conway, Arkansas.
CLOSING COMPANY: Lenders Title Company ~ Closing Agent: Bart Shaw ~ 1301 Main Street, Conway, AR 72034 ~ (501) 327-6811 ~ Fax/ 329-4962.
REAL ESTATE TAXES FOR YEAR 2025:
(PROPERTY 1) 1936 College Avenue – $1,113.00
(PROPERTY 2) 839 Watkins Street – $726.00
(PROPERTY 3) 845 Center Street – $2,354.00
SCHOOL DISTRICT: Conway
TERMS: $15,000.00 (PER PROPERTY), All in the Form of a Cashier’s Check made Payable to Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
The app allows you to (1) stay informed about our upcoming auctions; (2) view properties that interest you; (3) get notifications when you’ve been outbid; (4) bid no matter where you are located. This is the go-to-source for up-to-the-minute information on all of our auction listings.
