Monticello, AR Multifamily Home for Sale

Monticello, Arkansas, is a growing city nestled in the Arkansas Timberlands, surrounded by pine and cypress forests. The timber industry is a significant part of the local economy, with the Weyerhaeuser Company constructing a $500 million timber facility expected to create hundreds of jobs. Monticello offers various attractions, including Lake Monticello, known for its premier bass fishing, boat ramps, playgrounds, and disc golf course. The Lakewoods Trails provide 7 miles of non-motorized paths, with plans to expand to 25 miles. The University of Arkansas at Monticello enrolls over 3,000 students and houses the state's only Forest Resources Center. Downtown features murals depicting local life and the Turner Neal Museum of Natural History, which includes the Pomeroy Planetarium. Dining options are concentrated along U.S. Route 425, with Ray’s Hamburgers being a local favorite since 1964. Monticello is about 50 miles from Pine Bluff and 90 miles from Little Rock, providing convenient access to Bill and Hillary Clinton National Airport. The city’s crime rates are below the state average, offering a safer environment compared to the national average. Housing includes ranch-style homes with brick exteriors and larger traditional homes, with newer subdivisions expected due to the new timber plant. Summers are long and humid, while winters are short but cold, with moderate risks of ice storms and strong winds.