Property summary
This exceptional investment opportunity presents a 16-unit apartment building located at 315 E 6th St, Little Rock, AR 72202. The two-story complex, totaling 10,152 square feet, sits on a 0.26-acre lot in the heart of Downtown Little Rock. Built in 1954 and extensively renovated in 2022, this property offers a blend of classic charm and modern updates. Each unit is a one-bedroom, one-bathroom apartment averaging 500 square feet. Currently configured as fully furnished short-term rentals, all furniture is included in the sale. A shared laundry facility adds convenience for residents. The property benefits from a prime location within walking distance of the River Market and numerous entertainment and retail establishments. The HVAC systems have been largely replaced with brand-new units. This multifamily property presents a strong investment opportunity in a thriving urban setting. Its central location, updated amenities, and turnkey operation make it an attractive prospect for investors seeking immediate cash flow and long-term appreciation. The property's size and unit configuration provide a manageable scale for investors while offering significant potential for future growth. The recent renovations ensure minimal immediate capital expenditures, allowing for a swift return on investment.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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