Property profile

612 Sherman St Little Rock, AR 72202

OFF-MARKET
Apartment buildings
13,295 SF 0.52 ac lot Built 1956
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully renovated, 20-unit apartment building in Little Rock's desirable MacArthur Park Historic District. The property, situated on a 0.52-acre lot zoned R4A, comprises three two-story buildings totaling 13,295 square feet. All 20 units are one-bedroom, one-bathroom apartments, offering a consistent and easily managed rental portfolio. Built in 1956, the property benefits from recent renovations, ensuring a turnkey investment. Conveniently located near the vibrant East Village and SoMa entertainment districts, residents enjoy walkability and access to numerous amenities. On-site covered parking is available for some residents. The asking price is $2,190,000, translating to $164.72 per square foot and $109,500 per unit. This property offers a compelling combination of historic charm, modern updates, and a prime location, making it an attractive option for discerning investors seeking a stable and profitable multifamily asset in a thriving Arkansas market. The property's address is 612 Sherman St, Little Rock, AR 72202.

Property profile

Verified
Property type Apartment buildings
Year built 1956
Total area 13,295 SF
Lot 0.52 ac (22,651 SF)

Cap rate & NOI

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

Location

612 Sherman St Little Rock, AR 72202
Little Rock metro
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Value estimations

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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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