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.
Exceptional turnkey multifamily investment opportunity in West Little Rock
This sprawling 232-unit property
All 111 units on the south side will have new doors and windows installed in early January 2024
All 121 units on the south side will be fully remodeled and modernized by June 2024
Unbeatable location along Reservoir Rd between Cantrell Rd and N Rodney Parham Rd – the combined daily traffic sits at 57,500 vehicles
Dedicated parking lot with over 250 surface spaces