Furnished Residential Income
For Sale
$110,000
1601 N Bryant St A6, Little Rock, AR 72207
Residential, Traditional, Little Rock, AR
Property Size740 SF
Price / SF$148.65
Days on Market34
Property Features for 1601 N Bryant St A6
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Wired for Highspeed Inter
Appliances
Free-Standing Stove, Dishwasher, Refrigerator-Stays, Ice Maker Connection
Subdivision
WINDSOR GARDENS CONDOMINIUMS
Lot features
Level, Extra Landscaping, In Subdivision
Directions
From Cantrell, onto N Bryant Street, the entrance would be second gate on the left. If you're coming from Mississippi then it's Mississippi onto Evergreen, then Florida Ave past the park, onto N Hughes then left on N Bryant and the entrance is right.
Standard status
Active
APN
43L-209-00-001-06
Size
740 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot A6 block 0
Tax Annual Amount
963
HOA Fee
$350 Monthly
Legal Description
Lot A6 block 0
Amenities
in-unit laundry
gated entrance
semi-private foyer
Building Details
Year built
1974
Floors in Building
2
Flooring type
Tile, Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency:
LPT Realty NLR · RE/MAX International
(501) 291-3841
Listed By:
Elise Petro
(501) 507-7902
Added: Sep 1
Changed: Sep 8
Last Checked: Oct 4 at 10:06PM
MLS# 26035594
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This furnished condominium offers one bedroom, one bathroom, and 740 square feet of interior space. The residence includes a full kitchen with a freestanding stove, dishwasher, refrigerator, and ice maker connection, along with in-unit washer and dryer connections and appliances. Tile and vinyl flooring, window treatments, ceiling fans, a walk-in closet, smoke detectors, and high-speed internet wiring are also included. Built in 1974, the property has a composition roof.
A semi-private foyer provides space for mail and package delivery. Both entry and exit points are gated, while parking is ample and unassigned. The condominium association covers water, sewer, and trash; the owner is responsible for electricity and internet. Two units are available for purchase together, and financial information related to the property's prior mid-term rental use is available from the listing agent.
A semi-private foyer provides space for mail and package delivery. Both entry and exit points are gated, while parking is ample and unassigned. The condominium association covers water, sewer, and trash; the owner is responsible for electricity and internet. Two units are available for purchase together, and financial information related to the property's prior mid-term rental use is available from the listing agent.
Key Highlights
- Furnished 1‑bedroom, 1‑bath condominium with 740 square feet
- Kitchen includes stove, dishwasher, refrigerator, and ice maker connection
- In‑unit washer and dryer remain with the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$5,981
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$119,620
$119.6K
Cap Rate 7%
$85,443
$85.4K
Cap Rate 9%
$66,456
$66.5K
Market Conditions
NOI Build-Up for 740 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$11.5K $15.60/SF
− Vacancy
−$670 −$0.90/SF
EGI
$10.9K $14.70/SF
− OpEx
−$4.9K −$6.61/SF
NOI
$6.0K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$119,620
Cap Rate 7%
$85,443
Cap Rate 9%
$66,456
Alternative Uses
Best Use
Apartment 5plus
$85.4K
$74.8K – $99.7K
NOI $5,981 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$134.4K
$117.6K – $156.8K
NOI $9,410 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
Explore this area
Business Placement
Demographics for 72207, AR
11,036
Population
5,800
Households
1.9
Avg Household Size
40
Median Age
69%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,904
Density / Sq Mi
$93,958
Median Household Income
$59,658
Median Earnings
$942
Median Rent
$384,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condominium with appliances, in-unit laundry, gated access, and association-paid water, sewer, and trash.
Where is this residential income property located?
The property is located at 1601 N Bryant St A6 Little Rock, AR.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Furnished 1‑bedroom, 1‑bath condominium with 740 square feet; Kitchen includes stove, dishwasher, refrigerator, and ice maker connection; In‑unit washer and dryer remain with the property
