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Alma, AR Multifamily Home for Sale

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    $875,000

    8761 Highway 282, Alma, AR 72921

    Unique highly profitable mobile home park. Not your typical mobile home park in that homes are in a park like sitting on 6.97 acres. Sale includes the 19 (plus 2 storage units) mobile homes along with the 6.97 acres. Excellent Cap Rate: 11.07 ! There are 19 mobiles rented plus 2 mobiles used for storage. Walking distance to a convenience/gas Store.

    Agent Photo

    Joel Treat

    The Griffin Company Commercial Division-Springdale

    (479) 378-2425

    8761 Highway 282, Alma, AR 72921

Why Live in Alma

Alma, Arkansas, is a small city in central Crawford County, near the Oklahoma border, known historically as the "Spinach Capital of the World." The city features a bronze Popeye statue downtown, reflecting its spinach canning heritage. Alma's economy is driven by food processing, health care, and education, with the Alma School District being a major employer. The district is highly rated and recognized for its fine arts program, offering theater, choir, and dance performances, and has earned multiple awards for its symphonic and concert bands. Homes in Alma are typically New Traditional, Cape Cod, and ranch-style, with prices ranging from $24,000 to over $1 million for custom-built estates. The city faces flood risks near bayous from the Arkansas River and is located in Tornado Alley. Alma City Park & Aquatic Center is a major attraction, featuring extensive water park facilities, tennis courts, and disc golf. The park's trails and Lake Alma offer outdoor activities like fishing and hiking. Downtown attractions include the Alma Public Library and Popeye Garden. Retail and dining options are concentrated around U.S. Route 71, Interstate 40, and U.S. Route 64 Business, with local favorites like El Trio Mexican Restaurant and Catfish Hole. Alma provides convenient access to major highways, hospitals, and Fort Smith Regional Airport, which is 16 miles away and offers flights to Dallas Fort Worth.

Home Trends in Alma, AR

Housing Trends

Median Sale Price
$282,000
Median Single Family Sale Price
$298,750
Average Price Per Sq Ft
$173
Number of Homes for Sale
2
Last 12 months Home Sales
56
Months of Supply
0.40
Median List Price
$302,700
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%
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