CONWAY, AR 72032

CONWAY, AR | $195K ASK | $340K ARV | CREATIVE FINANCING AVAILABLE

Strong value-add opportunity in Conway, AR 72032 with a flexible layout, separate mother-in-law apartment, and potential access to extremely attractive existing financing.

Asking Price: $195,000

Working ARV: ~$340,000

Estimated Rehab: ~$50,000

This 4 bed / 3 bath, 2,485 sq ft home sits on a 0.59-acre lot and includes a 2-car garage. The main residence offers 3 bedrooms / 2 bathrooms, plus an attic bonus room that could serve as additional flex or sleeping space, although it does not have windows.

A major value-add feature is the separate 1 bed / 1 bath mother-in-law apartment, approximately 900 sq ft, with its own private entrance—creating potential for rental income, multi-generational living, or a house-hack strategy.

Property Highlights:

• Approx. $145K spread between asking price and ARV
• 4 Bed / 3 Bath
• 2,485 Sq Ft
• 0.59 Acre
• Separate ~900 sq ft mother-in-law suite
• 2-Car Garage
• Partial unfinished basement
• 2-year-old metal roof
• Creative financing available
• Multiple potential exit strategies

Rehab: Estimated at approximately $50K, including flooring, interior paint, kitchen range, minor ceiling repair, cleanout, and electrical evaluation/repair due to possible vandalism at the panel. HVAC is currently working; water heater is approximately 7 years old.

This could work as a flip, long-term rental, multi-generational property, house hack, or dual-income rental, with the possible low-rate financing making the hold strategy especially interesting.

$195K acquisition + ~$50K rehab = approximately $245K before financing/holding costs against a working $340K ARV.