Search
Gated Two-Bedroom Condo
For Sale
$360,000

100 Vallon Lane #103, Little Rock, AR 72223

Residential, Traditional, Little Rock, AR

Property Size1,586 SF
Lot Size0.03 Acres
Price / SF$226.99
Days on Market15

Property Features for 100 Vallon Lane #103

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 2, Den, Bathroom 1, Bedroom 1, Bathroom 2
Parking features Garage, Assigned, Open
Spa 1
Patio and Porch features Patio
Interior features Washer Connection, Washer-Stays, Dryer Connection-Electric, Water Heater-Gas, Whirlpool/Hot Tub/Spa, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Wired for Highspeed Inter, Elevator, Kit Counter- Granite Slab
Exterior features Patio, Outside Storage Area, Inground Pool, Guttering, Hot Tub/Spa, Lawn Sprinkler, Brick Fence, Covered Patio
Fencing Brick
Fireplace 1
Accessibility Accessible Elevator Installed
Appliances Built-In Stove, Microwave, Gas Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays
Subdivision VALLON HPR
Lot features Level
Elementary school Chenal
Middle school Joe T Robinson
High school Joe T Robinson
Directions North on Chenal Parkway, right on Chenal Valley Drive. Property is on the right just past Lamarche Drive. Gate Code needed.
Standard status Active
APN 53L-025-04-010-00
Size 1,586 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Unit 103 & Garage Unit 2
Tax Annual Amount 2922
HOA Fee $750 Monthly
Legal Description Unit 103 & Garage Unit 2

Amenities

gated
walking paths
putting green
garden
pool
hot tub
cabanas

Building Details

Year built 2009
Floors in Building 1
Flooring type Wood, Tile
Roof type Composition
Architectural style Other
Additional Structures Storage
Listing Agency: Berkshire Hathaway HomeServices Arkansas Realty
Listed By: Jean Hurst
Added: Sep 20 Changed: Sep 27 Last Checked: Oct 4 at 9:06PM
MLS# 26038298

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 gated condo provides 1,586 square feet of main-floor living with two bedrooms and two bathrooms. The interior features hardwood and tile flooring, 9-foot ceilings, transom windows, wood shutters, built-ins, and a gas-log fireplace. An open living, dining, and kitchen arrangement includes granite counters, a breakfast bar, stainless appliances, a gas cooktop, pantry, and newer dishwasher and disposal. A large garage, refrigerator, washer, dryer, and TVs convey with the residence.

The covered patio connects to community walking paths and shared amenities that include an inground pool, hot tub, putting green, garden, and two cabanas. One cabana includes a fireplace, while the other has a kitchen. The property also offers an accessible elevator, brick fencing, lawn irrigation, and a 2009 construction date.

Key Highlights

  • 1,586‑square‑foot condo with 2 bedrooms and 2 bathrooms
  • Gated community with pool, hot tub, putting green, garden, and walking paths
  • Open kitchen with granite counters, breakfast bar, gas cooktop, pantry, and stainless appliances

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
$12,819
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
3.56%
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%
$256,380 $256.4K
Cap Rate 7%
$183,129 $183.1K
Cap Rate 9%
$142,433 $142.4K
Market Conditions
NOI Build-Up for 1,586 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
$24.7K $15.60/SF
− Vacancy
−$1.4K −$0.90/SF
EGI
$23.3K $14.70/SF
− OpEx
−$10.5K −$6.61/SF
NOI
$12.8K $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%
$256,380
Cap Rate 7%
$183,129
Cap Rate 9%
$142,433

Alternative Uses

Best Use
Apartment 5plus
$183.1K
$160.2K – $213.7K (±1% cap)
NOI $12,819 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$288.1K
$252.1K – $336.1K (±1% cap)
NOI $20,168 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

Demographics for 72223, AR

25,465
Population
12,279
Households
2.1
Avg Household Size
41
Median Age
66%
College-Educated
98%
High-School Grad
48.5 sq mi
ZIP Area
525
Density / Sq Mi
$99,063
Median Household Income
$62,227
Median Earnings
$1,242
Median Rent
$435,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Main-level residence with custom finishes, community pool and covered outdoor living in Chenal Valley.
Where is this residential income property located?
The property is located at 100 Vallon Lane #103 Little Rock, AR.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 1,586‑square‑foot condo with 2 bedrooms and 2 bathrooms; Gated community with pool, hot tub, putting green, garden, and walking paths; Open kitchen with granite counters, breakfast bar, gas cooktop, pantry, and stainless appliances
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again