$1,400,000

Multi Family In Little Rock

  • 21 Beds
  • 10 Baths
  • 9,323 Sqft
  • 15,246 Sqft lot
  • Updated: Today
  • Source:
    Cooperative Arkansas REALTORS MLS  MLS#26036726

About the Property

Turnkey investment opportunity featuring eight occupied single-family rental homes offered as one package: 11223 Morningside Dr., Mabelvale—3 BR, 1.5 BA, 1,344 SF; 10025 Wilderness Rd.—3 BR, 2 BA, 1,547 SF; 6804 Fairfield Dr.—3 BR, 1 BA, 1,142 SF; 10 Portsmouth Dr.—2 BR, 1.5 BA, 900 SF; 4121 Arapaho Trl.—2 BR, 1.5 BA, 1,444 SF; 7500 Redwood Dr.—3 BR, 1 BA, 884 SF; 3601 Lilac Ter.—3 BR, 1 BA, 988 S
Turnkey investment opportunity featuring eight occupied single-family rental homes offered as one package: 11223 Morningside Dr., Mabelvale—3 BR, 1.5 BA, 1,344 SF; 10025 Wilderness Rd.—3 BR, 2 BA, 1,547 SF; 6804 Fairfield Dr.—3 BR, 1 BA, 1,142 SF; 10 Portsmouth Dr.—2 BR, 1.5 BA, 900 SF; 4121 Arapaho Trl.—2 BR, 1.5 BA, 1,444 SF; 7500 Redwood Dr.—3 BR, 1 BA, 884 SF; 3601 Lilac Ter.—3 BR, 1 BA, 988 SF; and 14819 Arch St.—2 BR, 1 BA, 1,074 SF. All properties except Morningside are in Little Rock. The portfolio totals 21 bedrooms, 10.5 bathrooms and approximately 9,323 SF. Seller reports potential for future income growth as leases renew, subject to lease terms, required notices, housing-assistance guidelines and applicable law. Four homes participate in housing-assistance programs. Professionally managed. Several homes were renovated in 2017, 2022 or 2023, with approximately $139,000 in reported repairs and improvements. Several long-term tentants/leases extend into 2027, providing established income from day one. No reported HOA/POA fees or owner-paid monthly utilities. Package sale only; seller will not divide. Do not disturb tenants. Buyer to verify all information.
  • Property type

    Other

  • Year built

    1972

  • Price/sqft

    $150

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11223 Morningside Drive, Sardis, Arkansas, United States View on Google Maps
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LPT Selling Luxury - Little Rock

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LPT Selling Luxury - Little Rock
Arkansas, United States
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2
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2026
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LPT Selling Luxury - Little Rock
Little Rock, Arkansas, United States
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Last updated
Today
First listed
Sep 10
Listing reference
26036726
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