413 E 15th St - Apartments FOR SALE


Little Rock, AR 72202- Downtown Little Rock
$625,000 USD
501-414-8340
413 E 15th St, Little Rock, AR for Sale
$625,000 USD
Apartments - FOR SALE
1/12
null | 8.71% Cap Rate

413 E 15th St
Little Rock, AR 72202
Downtown Little Rock


OVERVIEW

Investors! This is a turnkey SOMA 4-Plex operated as short term rental with a very high occupancy rate. These are very easy to manage and in high demand because of their excellent location just two blocks off of Main Street in the Heart of SOMA. The building is within easy walking distance of all the restaurants and establishments. The building was completely remodeled in 2020 taken to the studs and had new electrical, plumbing, HVAC, cabinets, countertops, flooring, and a commercial sprinkler system installed. The units are all 1BR, 1BA and in compliance with city regulations and zoning to operate as nightly rentals. Great income.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

4

PRICE/UNIT

$156,250

CAP RATE

8.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,306 SF

ZONING

Multi-Family

APN/PARCEL ID

34L-020-03-129-00

ASK ABOUT THIS PROPERTY

Marshall PetersMarshall Peters & AssociatesMore Info
501-414-8340

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Marshall PetersMarshall Peters & AssociatesMore Info
501-414-8340

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