2000 Reservoir Rd, Little Rock AR, 72227

Active

2000 Reservoir Rd

Little Rock AR, 72227

$7,000,000

Active

Multi-family

Built in 1974

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.

24044159

MLSⓇ ID

December 10, 2024

Listed

December 18, 2024

Updated

Map

2000 Reservoir Rd
Little Rock AR, 72227

Interior Features

Appliances: Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Floor Description: Laminate, Partial Carpet, Tile
Fireplace: No
Cooling: No
Cooling Description: Central Cool -Unspecified, Central Heat -Unspecified
Heating: No

Exterior/Building Features

Lot Size: 9.13 Acres
Lot Features: Extra Landscaping, Will Subdivide
Architectual Style: Traditional
Roof: Architectural Shingle

Other Property Details

Area Name: LIT - WEST LITTLE ROCK (CENTRAL)
Days on Market: 8
Garage: No
Parking: Four Car or More
View: No
Pool: No
Zoning: MF

Courtesy of Moses Tucker Partners, Zach Saxion

Listing Contact: 501-428-7998

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Data last updated 12/18/2024, 5:48 PM UTC.