315 6Th St Little Rock, AR 72202
- Apartment buildings
- 10,152 SF
- 0.26 lot acres
Current Use by Public Records
- Arkansas Repertory Apartments / Apartment Building
Property Details for 315 6Th St
- Year built
- 1954
- Lot size
- 0.26 lot acres
- Property size
- 10,152 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2683
- Latitude
- 34.7427
