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    OFF-MARKET
    Retirement homes

    1234 Main St, Little Rock, AR 72202

    44,793 SF 4 ac lot Built 2014
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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