Contacts
SVN | SFRhub Marketplace
Property Details
- Property Type Multi-Family
- Property Size 18,363 SF
- Units 9
- Lot Size 2.39 Acre
- Additional Rent Contact for pricing
- Year Built 1967
- Date Updated Dec 10, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- Price Reduced!
- 9 Homes strategically located throughout Little Rock, AR
- Asset types include single-family detached residences and duplexes
- All homes underwent renovation upon acquisition
- Professional property management is already in place
- The average size of homes is 2,040 square feet
- Homes were constructed between 1942 and 1980
- Average monthly rent of $864, currently 20-30% below market rates
- The portfolio boasts 100% occupancy with fully vetted tenants
- Average home price stands at $105,556, significantly lower than the market's median of $227,853
- Year 1 Stabilized net cap rate of 7.36%
- Year 1 Stabilized annual gross yield of 10.68%
- Year 1 Stabilized Net Operating Income (NOI) of $69,884
- All SVN® Offices Are Independently Owned & Operated
- Local Broker License Information: www.SFRhub.com/realestatelicensing
Getting around
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Walk Score ®
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Transit Score ®
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Location
- City Little Rock, AR
- Zip Code 72209
- Market Little Rock
Points of Interest
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2nd Street & Center Street
4.80 miles
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West Markham Street & Spring Street
4.84 miles
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2nd Street & Scott Street
4.94 miles
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West Markham Street & Scott Street
4.97 miles
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Scott Street & Markham Street
5.00 miles
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2nd Street & Rock Street
5.01 miles
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3rd Street & River Market Avenue
5.02 miles
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River Market Avenue & 3rd Street
5.02 miles
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President Clinton Avenue & River Market Avenue
5.10 miles
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World Avenue & 3rd Street
5.28 miles
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Skyroad Gas
0.53 miles
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Big Stop N Go
0.56 miles
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Circle K
0.91 miles
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Exxon
1.42 miles
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Valero
1.47 miles
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Superstop
1.48 miles
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Shell
1.53 miles
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ChargePoint
1.78 miles
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Franklin's Charging
3.58 miles
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Little Rock Supercharger
5.12 miles
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Univesity Village Parking
1.37 miles
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Plaza Lot
1.48 miles
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Lot 3
1.57 miles
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Lot 7
1.61 miles
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Lot 5
1.63 miles
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Lot 4
1.64 miles
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Lot 2
1.68 miles
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Lot 12
1.74 miles
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Lot 1
1.80 miles
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Budget Inn
0.82 miles
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Americas Best Value Inn & Suites-University
0.88 miles
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Atria Inn and Suites Extended Stay
0.91 miles
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Rest Inn
1.42 miles
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Days Inn South
1.43 miles
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Ritz Motel
1.51 miles
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Motel 6 Little Rock - South
1.51 miles
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Baymont
1.51 miles
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Americas Best Value Inn Little Rock
1.55 miles
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Quality Inn & Suites Little Rock
1.57 miles
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Del Campo A La Cuidad
1.02 miles
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Edwards Cash Saver
1.73 miles
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Kroger
2.07 miles
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Edwards Food Giant
2.61 miles
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Walmart Supercenter
3.33 miles
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Target
3.66 miles
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Dillard's
3.90 miles
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Mercado San Jose
4.25 miles
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JCPenney
4.46 miles
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TJ Maxx
4.97 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
SVN | SFRhub Marketplace