1305 Cumberland St - Apartments FOR SALE


Little Rock, AR 72202- Downtown Little Rock
$375,000 USD
501-376-6555
1305 Cumberland St, Little Rock, AR for Sale
$375,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

1305 Cumberland St
Little Rock, AR 72202
Downtown Little Rock


HIGHLIGHTS

  • 100% OCCUPIED MULTIFAMILY PROPERTY FOR SALE
  • Situated in the up-and-coming Pettaway neighborhood, just two blocks from the vibrant SoMa District (South Main)
  • Tenants pay electric; landlord covers water and trash. Rent roll available with NDA. Property qualifies for Historic Tax Credits
  • Positioned along the iconic South Main Street corridor in one of downtown Little Rock’s most architecturally rich and culturally active districts
  • Less than one mile from the I-630/I-30 interchange with convenient access to downtown, major employment centers, medical campuses, and AMFA
  • All units feature hardwood floors and tall ceilings; two units include granite countertops. Central HVAC and stackable washer/dryer in each unit

OVERVIEW

Offering & Price: For Sale | $375,000 Address: 1305 Cumberland St, Little Rock, AR 72206 Property Type: Multifamily Building & Lot Size: ±3,392 SF | ±0.16 Acres Total Units & Unit Mix: 4 Total Units (2 – 650 SF; 2 – 695 SF) Occupancy: 100% Year Built: 1900 Zoning: R-4 Parking: 4 Spaces Emerging Pettaway / SoMa Location: Situated in the up-and-coming Pettaway neighborhood, just two blocks from the vibrant SoMa District (South Main), named a “Next Great Neighborhood” by Southern Living for its charm, culture, and walkability. Unmatched Walkability: Steps from Community Bakery, Raduno Brick Oven & Barroom, Loblolly Creamery, South Main Market, local breweries, boutique retail, parks, bike trails, and recurring neighborhood festivals. Historic South Main Corridor: Positioned along the iconic South Main Street corridor in one of downtown Little Rock’s most architecturally rich and culturally active districts. Exceptional Connectivity: Less than one mile from the I-630/I-30 interchange with convenient access to downtown, major employment centers, medical campuses, and the Arkansas Museum of Fine Arts. Attractive Unit Features: All units feature hardwood floors and tall ceilings; two units include granite countertops. Central HVAC and stackable washer/dryer in each unit. Investor Highlights: Tenants pay electric; landlord covers water and trash. Rent roll available with NDA. Property qualifies for Historic Tax Credits.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$111 USD /SF

# OF UNITS

4

PRICE/UNIT

$93,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Occupied Multifamily Property For Sale

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R-4

APN/PARCEL ID

34L-020-03-052-00

ASK ABOUT THIS PROPERTY

Matthew BeachboardMoses Tucker PartnersMore Info
501-376-6555

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Matthew BeachboardMoses Tucker PartnersMore Info
501-376-6555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.