Property profile

315 6Th St Little Rock, AR 72202

OFF-MARKET
Apartment buildings
10,152 SF 0.26 ac lot Built 1954
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Property summary

AI-generated overview

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

Verified
Property type Apartment buildings
Year built 1954
Total area 10,152 SF
Lot 0.26 ac (11,326 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Location

315 6Th St Little Rock, AR 72202
Little Rock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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