Income-Producing 15-Unit Multifamily Portfolio in Conway, AR

Asking Price$2,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,500,000
Included in asking price
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Income-Producing 15-Unit Multifamily Portfolio in Conway, AR


Asking Price$2,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,500,000
Included in asking price

Seller Financing Available
Business Description
This 15-unit multifamily portfolio in Conway, Arkansas offers an income-focused buyer a rare combination of long-term tenant stability and embedded rent upside. The property comprises three duplexes and three triplexes on 1.63 acres, with each unit offering 2 bedrooms, 2 bathrooms, a living room, kitchen, and a private garage.

Nearly the entire portfolio is occupied by long-tenured residents, with most tenants in place between 10 and 25 years. Only a single unit is currently vacant, and it is being used for buyer showings. Current rents run modestly below the Conway market average for comparable 2-bedroom units and have been raised gradually and consistently over time, pointing to further upside as leases turn over.

The vacant unit and the pattern of below-market rents represent a clear, documented path to increased cash flow without any capital improvements required. Conway is a growing market, up roughly 15% in population since the 2020 census, anchored by three colleges and universities that support a durable renter base.

Ownership will provide a documented rent roll reflecting the tenancy and rent history of every unit, giving a buyer full visibility into the income stream from day one.

The seller separately controls adjacent land near the property - a 0.79-acre parcel and a 24-lot assemblage - offering an interested buyer additional expansion or development optionality. These parcels are available separately and are not included in this asking price.

Contact us today to learn more about this opportunity and request additional information.
About the Business
Currently Home Based
Yes
Facilities & Assets
Approximately 14,508 sq ft under roof across three duplexes and three triplexes on 1.63 acres (roughly $166,700 per unit at the current asking price). Each unit offers 2 bedrooms, 2 bathrooms, a living room, kitchen, and a private garage. The portfolio is nearly fully occupied, with long-tenured residents typically in place 10-25 years. An adjacent 0.79-acre parcel ($220,000) and a 24-lot assemblage nearby ($900,000) are available separately from the same seller.
Market Outlook / Competition
US apartment investment volume reached $165.5B in 2025 (up 9.4% year-over-year), with cap rates averaging 5.7% nationally and small multifamily assets often trending 6.0-7.2%. Conway, AR (pop. ~70,700, growing ~2.3%/yr) is a college-anchored market (UCA, Hendrix, Central Baptist) with a renter-majority housing stock (56%) and comparable 2-bedroom rents of $930-$980/month. This portfolio's long tenant tenure and below-market rents offer downside protection with a clear upside path versus typical market-rate turnover risk.
Opportunities for Growth
The single vacant unit and below-market rents on the remaining 14 units create an immediate, documented path to higher cash flow with no capital improvements required. Conway's growing, renter-majority population supports continued demand. The seller also controls adjacent land nearby (a 0.79-acre parcel and a 24-lot assemblage), available separately, offering a buyer potential expansion or development optionality beyond this portfolio.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Transition Support
Current ownership will provide a documented rent roll covering every unit's tenancy and rent history, giving a buyer full visibility into the income stream from closing. Most tenants have remained in place 10-25 years, reflecting a stable, low-turnover tenant base.
Listing Info
ID
2533564
Listing Views
8

Listing ID: 2533564 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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