608-612 E 7th St - Apartments FOR SALE


Little Rock, AR 72202- Downtown Little Rock
$2,190,000 USD
501-539-1597
608-612 E 7th St, Little Rock, AR for Sale
$2,190,000 USD
Apartments - FOR SALE
1/16
null | 7.35% Cap Rate

608-612 E 7th St
Little Rock, AR 72202
Downtown Little Rock


HIGHLIGHTS

  • Located in MacArthur Park Historic District
  • Close proximity to East Village and SOMA entertainment districts
  • Fully renovated
  • Unit mix: All 1 bed, 1 bath
  • Some covered parking available

OVERVIEW

This multifamily offering presents an appealing investment opportunity in Little Rock's desirable MacArthur Park Historic District. The fully renovated property consists of 20 one-bedroom, one-bathroom units across four buildings situated on approximately 0.52 acres zoned R4A. Residents enjoy a walkable location in close proximity to the popular East Village and SoMa entertainment districts, while covered parking is available on-site. With its historic neighborhood setting combined with a convenient central position, the Elmscourt Apartments offer an attractive multifamily option for investors seeking a turnkey property in an amenity-rich area of the city.

FOR SALE DETAILS

PRICE

$2,190,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

18

PRICE/UNIT

$121,667

CAP RATE

7.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elmscourt Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

R4A

APN/PARCEL ID

34L-021-00-015-00

ASK ABOUT THIS PROPERTY

Daniel VogelColliers | ArkansasMore Info
501-539-1597

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Daniel VogelColliers | ArkansasMore Info
501-539-1597

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