Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1974
Sq.Footage
113,640
UNDER CONSTRUCTION. ESTIMATED COMPLETION 9-1-25: This 232-unit apartment community in West Little Rock presents a rare opportunity to acquire a turnkey investment in a prime location. Following the 2023 tornado, the property has undergone a $12 million transformation, with every unit completely gutted and rebuilt. All major systems, including HVAC, electrical, plumbing, roofs, windows, and doors, have been replaced, ensuring long-term durability and modern efficiency. Interior upgrades feature high-end finishes, new fixtures, and contemporary flooring, making these apartments both elevated yet affordable for tenants. Beyond the units, the property is being enhanced with new amenities, including a modernized clubhouse, updated pool with outdoor seating, a gym, business center, pickleball courts, and a dog park. The community will be fully stabilized and leased upon completion, projected for August 1st of this year. With a conservative 48% expense ratio, this investment is designed to offer strong, sustainable returns in a high-demand rental market. In one of Little Rock’s most promising multifamily markets.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
9.13
-
Property Type
Residential Income
-
Architectural Style
Traditional
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Brick, Frame
Financial
-
Sales Price
$19,000,000
-
Tax Amount
121072.0
-
Zoning
MF
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Location
County
Pulaski
Elementary School
Middle School
High School
Listing Courtesy of Zach Saxion , Moses Tucker Partners
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Branch Broker
DebbieNeal
Call Debbie today to schedule a private showing.
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