20-Unit Multifamily Value-Add
For Sale
Contact for pricing
Pending
900 Madden Rd, Jacksonville, AR 72076
A 20-unit apartment building with surface parking and 95% occupancy, with development potential at the front pending rezoning.
Days on Market110
Property Features for 900 Madden Rd
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
R-2/3
Occupancy
95%
Additional Details
Multifamily Units
20
Listing Agency:
Waller Group Homes
(214) 818-4109
Listed By:
Logan Waller · License #TX 0479147
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 29 at 11:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Waller Group Homes
Investment Insights
Based on property information with market context.
The Waller Group presents a 20-unit apartment building with 95% occupancy and current annual NOI of $70,734. The property is self-managed and supported by a full-time maintenance staff. Recent improvements include freshly restriped surface parking.
The site is zoned R-2/3 for duplex use, with an opportunity to build additional apartments at the front of the property if the parcel is rezoned to R-4 for multifamily.
Located in Jacksonville, a wooded community about 15 miles north of Little Rock, the area offers shopping and dining options including McCain Mall and Lakewood Village, along with nearby forested parks and trails and outdoor recreation around the Arkansas River. Major employers in the submarket include University of Arkansas for Medical Sciences, Little Rock Air Force Base, Baptist Health, Arkansas Children’s Hospital, and the Little Rock School District.
The site is zoned R-2/3 for duplex use, with an opportunity to build additional apartments at the front of the property if the parcel is rezoned to R-4 for multifamily.
Located in Jacksonville, a wooded community about 15 miles north of Little Rock, the area offers shopping and dining options including McCain Mall and Lakewood Village, along with nearby forested parks and trails and outdoor recreation around the Arkansas River. Major employers in the submarket include University of Arkansas for Medical Sciences, Little Rock Air Force Base, Baptist Health, Arkansas Children’s Hospital, and the Little Rock School District.
Key Highlights
- 20‑unit value‑add apartment property in Jacksonville, AR with 95.0% occupancy
- Current ownership reported $70,734 in annual NOI
- Parking lot recently restriped; all surface parking
Property Analytics
Current Use
Lease Details
20
Residential units
95%
Occupancy
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 72076, AR
38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - A 20-unit apartment building with surface parking and 95% occupancy, with development potential at the front pending rezoning.
Where is this apartment building located?
The property is located at 900 Madden Rd Jacksonville, AR.
What are key features of this property?
This property features: 20‑unit value‑add apartment property in Jacksonville, AR with 95.0% occupancy; Current ownership reported $70,734 in annual NOI; Parking lot recently restriped; all surface parking
