Two-Triplex Multifamily
8700-8702 White Rock Lane, Little Rock, AR 72227
New
MULTI_FAMILY - Little Rock, AR
Type:Apartment
Property size:
6,906 SFLot size:
0.54 AcresPrice / SF:
$90/SF- Added:
- Jul 6, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 6 at 8:06 pm
Property Features for 8700-8702 White Rock Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 12
- Bathrooms
- 12
- Rooms
- Bedroom 6, Bathroom 12, Bedroom 10, Bathroom 5, Bedroom 7, Bedroom 11, Bathroom 2, Bedroom 1, Bathroom 9, Bedroom 9, Bathroom 7, Bathroom 8, Bathroom 4, Bedroom 3, Bathroom 11, Bathroom 3, Bedroom 5, Bedroom 8, Bedroom 12, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 6, Bathroom 10
- Patio and Porch features
- Deck, Porch
- Interior features
- Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Built Ins, Closet - Walk In, All Units
- Exterior features
- Deck, Covered, Porch
- Appliances
- Free-Standing Stove, Electric Range, Dishwasher, Free-Standing Stove, Electric Range, Dishwasher
- Standard status
- Active
- Size
- 6,906 SF
- Lot size
- 0.54 Acres
Taxes and HOA fees
- Tax Description
- Lots A and B
- Tax Annual Amount
- 6319
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Tile, Vinyl, Carpet - Partial
- Roof type
- Composition
- Architectural style
- Other
Listing agent Jacob Campbell (501) 258-0908
Listing office Keller Williams Realty 12814 Cantrell Road, Little Rock, AR (501) 907-5959
Listing date Jul 6, 2026
MLS# 26027214
Listing URL
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.
HighLights
- Two adjacent triplexes offered together with 6 total units, priced at $625,000
- 7+% cap rate mentioned in remarks; 4 of 6 units currently leased with 2 renovated units in final lease‑up stage
- All‑electric with separately metered electric, water/sewer, and trash—tenants pay all utilities; owner covers lawn care
- Improvements completed throughout 2024‑2026, including HVAC systems, water heaters, interior paint, flooring, and turnover renovations
- Year built 2003; composition roof
- Units include washer connection and electric dryer connection, plus built‑ins and walk‑in closets; exterior includes deck and porch
Overview
This offering includes two adjacent triplex buildings presented together as a turnkey multifamily investment. The property totals six units, with each unit laid out to include a spacious living room and an open kitchen/dining area on the main level, plus in-unit laundry and a half bath. Upstairs, each unit provides two large bedrooms and a full bath. Utilities are separately metered for electric, water/sewer, and trash, with tenants responsible for their own utility payments. The owner provides lawn care.
Current occupancy is reported for four of six units, with two units described as in final lease-up condition, including one already marketed for rent and another coming online this week. The electric service is described as all-electric. No showings are available unless there is an accepted offer.
From a tenant and operator standpoint, the configuration supports straightforward leasing with in-unit laundry and dedicated utility metering. Reported improvements completed across 2024–2026 include HVAC systems, water heaters, interior paint, flooring, and turnover renovations, along with other updates intended to reduce near-term maintenance needs.
Current occupancy is reported for four of six units, with two units described as in final lease-up condition, including one already marketed for rent and another coming online this week. The electric service is described as all-electric. No showings are available unless there is an accepted offer.
From a tenant and operator standpoint, the configuration supports straightforward leasing with in-unit laundry and dedicated utility metering. Reported improvements completed across 2024–2026 include HVAC systems, water heaters, interior paint, flooring, and turnover renovations, along with other updates intended to reduce near-term maintenance needs.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.7k | $15.60 |
| − Vacancy | −$6.2k | −$0.90 |
| EGI | $101.5k | $14.70 |
| − OpEx | −$45.7k | −$6.61 |
| NOI | $55.8k | $8.08 |
6,906 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$797.4K
$697.7K – $930.3K
NOI $55,817 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,818 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.3730807
- Latitude
- 34.7643766
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two adjacent triplexes offer separately metered utilities and updated interiors for a hands-off residential income setup.
Where is this apartment building located?
The property is located at 8700-8702 White Rock Lane Little Rock, AR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two adjacent triplexes offered together with 6 total units, priced at $625,000; 7+% cap rate mentioned in remarks; 4 of 6 units currently leased with 2 renovated units in final lease‑up stage; All‑electric with separately metered electric, water/sewer, and trash—tenants pay all utilities; owner covers lawn care
