Property profile

1234 Main St Little Rock, AR 72202

OFF-MARKET
Retirement homes
44,793 SF 4 ac lot Built 2014
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Property summary

AI-generated overview

This exceptional 59-unit assisted living facility, totaling 44,793 square feet, presents a compelling value-add investment opportunity. Located in a rapidly growing Little Rock suburb, at 1234 Main St, Little Rock, AR 72202, this single-story, 2014-built property sits on a 4-acre lot in Pulaski County. The facility specializes in memory care, catering to residents with Alzheimer's and related conditions. Its design centers around a central courtyard, enhancing resident experience and promoting a supportive environment. The property features 59 private units, each designed for comfortable and independent living. Extensive common areas further contribute to the facility's appeal. Its strategic location near hospitals and other essential services ensures convenient access to healthcare and support. This bank-owned foreclosure presents a unique chance to capitalize on the burgeoning memory care market, projected to experience significant growth in the coming years. The property's purpose-built design and prime location make it an attractive investment for those seeking a strong return in the senior living sector. The highly motivated seller makes this an exceptional opportunity for a quick close.

Property profile

Verified
Property type Retirement homes
Year built 2014
Total area 44,793 SF
Lot 4 ac (174,240 SF)

Cap rate & NOI

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

Location

1234 Main 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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