1234 Main St Little Rock, AR 72202
- Retirement homes
- 44,793 SF
- 4.00 lot acres
Current Use by Public Records
- Retirement homes
Property Details for 1234 Main St
- Year built
- 2014
- Lot size
- 4.00 lot acres
- Property size
- 44,793 SF
- Property type
- Retirement homes
Description
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.
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
- -92.2975
- Latitude
- 34.7359
