Remodeled Residential Income
For Sale
$279,000
75 Kingsbridge Way, Little Rock, AR 72212
CONDOS - Little Rock, AR
Property Size2,123 SF
Price / SF$131.42
Days on Market58
Property Features for 75 Kingsbridge Way
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Laundry Room, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Assigned
Patio and Porch features
Patio
Interior features
Wet Bar, Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Built-Ins, Ceiling Fan(s), Walk-in Shower, Breakfast Bar
Exterior features
Patio, Partially Fenced, Outside Storage Area, Guttering, Wood Fence
Fencing
Wood, Partial
Fireplace
1
Appliances
Electric Range, Disposal
Subdivision
KINGSBRIDGE TWNHSE
Lot features
Corner Lot
Elementary school
Fulbright
Middle school
Pinnacle View
High school
Central
Directions
From Pleasant Valley Drive, turn beside St. James United Methodist Church. Kingsbridge Drive will be on the left. Unit 75 is on the end, across from the clubhouse and pool.
Standard status
Active
APN
43L-080-00-075-00
Size
2,123 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
27-2N-13W
Tax Annual Amount
2043
HOA Fee
$290 Monthly
Legal Description
27-2N-13W
Amenities
pool
tennis courts
Building Details
Year built
1978
Floors in Building
2
Flooring type
Vinyl, Tile
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
CBRPM Bryant · Coldwell Banker Real Estate
(501) 316-0955
Listed By:
Amy Eden
(501) 680-1744
Added: Jun 24
Changed: Aug 18
Last Checked: Aug 20 at 1:06PM
MLS# 26025525
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 2,123-square-foot condo/townhome at 75 Kingsbridge Way includes three bedrooms, three bathrooms, a laundry room, and an inviting layout with a breakfast bar and wet bar. Recent improvements include new flooring, interior paint, an updated kitchen, renovated bathrooms, new lighting, a new HVAC system, a new electric water heater, and appliances. Tile and vinyl flooring, built-ins, ceiling fans, and a walk-in shower add functional detail. A fireplace, patio, partial wood fencing, and outside storage area are also included.
Community amenities include a pool, tennis courts, and maintained grounds. The property is near shopping, dining, medical facilities, and major thoroughfares in Little Rock. Assigned parking is provided.
Community amenities include a pool, tennis courts, and maintained grounds. The property is near shopping, dining, medical facilities, and major thoroughfares in Little Rock. Assigned parking is provided.
Key Highlights
- 2,123‑square‑foot condo/townhome with three bedrooms and three bathrooms
- Updated kitchen and renovated bathrooms
- New HVAC system, electric water heater, lighting, flooring, and 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
$17,159
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
6.15%
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%
$343,180
$343.2K
Cap Rate 7%
$245,129
$245.1K
Cap Rate 9%
$190,656
$190.7K
Market Conditions
NOI Build-Up for 2,123 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
$33.1K $15.60/SF
− Vacancy
−$1.9K −$0.90/SF
EGI
$31.2K $14.70/SF
− OpEx
−$14.0K −$6.61/SF
NOI
$17.2K $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%
$343,180
Cap Rate 7%
$245,129
Cap Rate 9%
$190,656
Alternative Uses
Best Use
Apartment 5plus
$245.1K
$214.5K – $286.0K
NOI $17,159 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$385.7K
$337.5K – $450.0K
NOI $26,997 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
Explore this area
Business Placement
Demographics for 72212, AR
12,612
Population
5,469
Households
2.3
Avg Household Size
43
Median Age
72%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
2,068
Density / Sq Mi
$116,310
Median Household Income
$66,158
Median Earnings
$1,089
Median Rent
$341,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated condo/townhome with three bedrooms, three bathrooms, assigned parking, and community pool and tennis amenities.
Where is this residential income property located?
The property is located at 75 Kingsbridge Way Little Rock, AR.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 2,123‑square‑foot condo/townhome with three bedrooms and three bathrooms; Updated kitchen and renovated bathrooms; New HVAC system, electric water heater, lighting, flooring, and appliances
