1810 Bishop Rd - Apartments FOR SALE


Bryant, AR 72022
$3,975,000 USD
501-266-0007
1810 Bishop Rd, Bryant, AR for Sale
$3,975,000 USD
Apartments - FOR SALE
1/37
null | 8.9% Cap Rate

1810 Bishop Rd
Bryant, AR 72022


HIGHLIGHTS

  • Stabilized 40-Unit Community – Strong occupancy history and consistent rental demand.
  • Prime Location – Situated in Bryant, one of the fastest-growing Little Rock suburbs.
  • Excellent Accessibility – Just off I-30 with easy access to Little Rock, Benton, and the Alcoa/Reynolds retail corridor.
  • Proximity to Lifestyle Amenities – Minutes from Bishop Park, shopping centers, restaurants, and major employers.
  • Efficient Unit Mix – 16 one-bedroom flats (646 SF) and 24 two-bedroom flats (834 SF).
  • Value-Add Potential – Opportunity to increase rents through interior upgrades and operational efficiencies.

OVERVIEW

Westside Village Apartments is a well-maintained, 40-unit garden-style community situated on ±3.81 acres at 1810 Bishop Road in Bryant, AR—one of Central Arkansas’ fastest-growing suburbs with immediate access to I-30, Bishop Park, and the Alcoa/Reynolds retail corridor. The property features a balanced unit mix of 16 one-bedroom flats (±646 SF) and 24 two-bedroom flats (±834 SF), all-electric systems, central HVAC, paid water, on-site laundry, and proximity to Bryant’s highly rated school district, making it a proven choice for stable workforce housing. Current market rents (~$735 for 1BR; ~$805–$855 for 2BR with washer/dryer connections) remain below Bryant’s averages (˜$942 for 1BR; ˜$1,182 for 2BR), presenting immediate mark-to-market growth potential. Recent ownership has invested in significant upgrades, including the installation of stone countertops in most kitchens, replacement of the majority of HVAC units and water heaters, new ceiling fans, and updated appliances—positioning the property for both strong in-place cash flow and additional value-add upside.

FOR SALE DETAILS

PRICE

$3,975,000 USD

PRICE/SF

$66 USD /SF

# OF UNITS

40

PRICE/UNIT

$99,375

CAP RATE

8.9%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westside Village Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

PARKING SPACES

55

LAND DETAILS

LAND ACRES

3.81 AC

LAND SF

165,964 SF

ZONING

R-2

APN/PARCEL ID

840-14848-001

ASK ABOUT THIS PROPERTY

Sergio ConversCapital Real Estate AdvisorsMore Info
501-266-0007

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Sergio ConversCapital Real Estate AdvisorsMore Info
501-266-0007

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