Conway Investor Special with MIL Apartment - Cash or Creative Financing

About This Property

CONWAY, AR | $$295,000 ASK | $340K | CREATIVE FINANCING AVAILABLE Strong value-add opportunity in Conway, AR 72032 with a flexible layout, separate mother-in-law apartment, and potential access to extremely attractive existing financing. Asking Price: $295,000 Working ~$295,000 Estimated Rehab: ~Contact for details This 4 bed / 3 bath, 2,485 sq ft home sits on a 0.59-acre lot and includes a 2-car garage. The main residence offers 3 bedrooms / 2 bathrooms, plus an attic bonus room that could serve as additional flex or sleeping space, although it does not have windows. A major value-add feature is the separate 1 bed / 1 bath mother-in-law apartment, approximately 900 sq ft, with its own private entrance creating potential for rental income, multi-generational living, or a house-hack strategy. Property Highlights: Approx. $145K spread between asking price and Bed / 3 Bath 2,485 Sq Ft 0.59 Acre Separate ~900 sq ft mother-in-law suite 2-Car Garage Partial unfinished basement 2-year-old metal roof Creative financing available Multiple potential exit strategies Rehab: Estimated at approximately $50K, including flooring, interior paint, kitchen range, minor ceiling repair, cleanout, and electrical evaluation/repair due to possible vandalism at the panel. HVAC is currently working; water heater is approximately 7 years old. This could work as a flip, long-term rental, multi-generational property, house hack, or dual-income rental, with the possible low-rate financing making the hold strategy especially interesting. $$295,000 acquisition + ~$50K rehab = approximately $245K before financing/holding costs against a working $340K