Homes for sale - Address not disclosed, Little Rock, AR 72227

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Kevin Grooms

kevintgrooms@gmail.com +1(417) 280-6571

$ 7,000,000

Est. payment | -/mo

113,640 SqFt

Save

$ 7,000,000

Est. payment | -/mo

Save

113,640 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 113,640 sqft

Price per Sqft $61

Subdivision Not In List

MLS Listing ID 24044159

Style Traditional

Year Built 1974

Annual Tax Amount $121,072

Lot Size 9.130 Acres

Acres 9.13

Property Description

Value-Add Opportunity! Discover an exceptional investment opportunity in West Little Rock with this 222-unit apartment complex listed at an unbeatable price of $7 million. With a cost per unit that's hard to match, this property offers massive value-add potential for investors looking to reposition and unlock its full profitability. Currently mostly vacant, the property provides a blank slate for renovations and strategic improvements. An appraisal values the complex at $20 million post-renovation, underscoring the incredible upside. Located in a high-demand area, this asset is poised for significant growth. The owner is open to selling half of the property, offering additional flexibility to tailor the investment to your goals. Don't miss the chance to capitalize on this rare opportunity in one of Little Rock's most promising multifamily markets! Owner has significantly cleaned up property after tornado. New roofs are currently being installed.

Location

State AR

County Pulaski

Area Lit - West Little Rock (Central)

Zoning MF

Rooms

Kitchen Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays

Interior

Heating Central Cool -Unspecified, Central Heat -Unspecified

Flooring Partial Carpet, Tile, Laminate

Equipment Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays

Exterior

Parking Features Four Car or More

Utilities Available Sewer-Public, Water-Public

Roof Type Architectural Shingle

Building

Lot Description Extra Landscaping, Will Subdivide

Foundation Slab

New Construction No

Listed by Moses Tucker Partners • Zach Saxion

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(417) 280-6571

kevintgrooms@gmail.com

PO BOX 92, Thayer, Missouri, 65791, USA

Address not disclosed Little Rock, AR 72227