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Property profile & analytics
OFF-MARKET
Estimated value
$5,945,000
Hotels
12 Crossings Ct Little Rock, AR 72205-6946
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0289379
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2009
Total area
50,464 SF
Lot
2.69 ac (117,176 SF)
APN
44L-078-18-013-00
UPID
US05-0289379
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
AI Approach
AI
$6.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.99M
Blend (final)
Blend
$5.95M
Owner & transaction history
Arihantaa Reit LLC · 3 yrs held
Arihantaa Reit LLC
since 2022
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.4M
+146.2%
Medical building
$8.3M
+117.1%
Retail stores
$7.7M
+101.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Little Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little Rock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,965,000
ML approach
$6,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,820,000
Current use
COMMERCIAL (GENERAL)
$9,400,000
Change: +146% · Conversion: Difficult
MEDICAL BUILDING
$8,290,000
Change: +117% · Conversion: Difficult
RETAIL STORES
$7,705,000
Change: +102% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,590,000
Change: +73% · Conversion: Difficult
OFFICE BUILDING
$6,220,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,780,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$5.95M
Range $5.35M – $6.54M · ±10% · vs last sale $5.90M (Jul 15 2022)
Last sale anchor
$5.90M
Jul 15 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$118 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$67,640
Tax year 2024
Assessed value
$966,280
Assessed 2024
Previous assessed
$966,280
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$235,524
Assessed improvement
$730,756
Land market value
$1,177,620
Improvement market value
$3,653,780
Total market value
$4,831,400
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2009
Heating
NONE
Cooling
NONE
Stories
4
Units
92
Total area
50,464 SF
Lot
2.69 ac (117,176 SF)
APN
44L-078-18-013-00
UPID
US05-0289379
Jurisdiction
PULASKI
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$9.4M
MEDICAL BUILDING
Est. value
$8.3M
RETAIL STORES
Est. value
$7.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.6M
OFFICE BUILDING
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.8M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Cooling
Yes
Stories
4
Units
92
Lot
2.69 ac
Current owner
From public records · entity-resolved
Arihantaa Reit LLC
Entity
Mailing address
28 S WINDSOR DR, ROGERS, AR 72758-9504
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2022
$5,900,000
Arihantaa Reit LLC
Lvp Tps Little Rock LLC
Special Warranty Deed
$4,720,000 · Partners Bank
Jun 6, 2018
—
Lvp Tps Little Rock LLC
—
Grant Deed
related
$140,000,000 · Western Alliance Bk
Jun 20, 2013
—
Tplr Partners LLC
Zero Business Park INC
Grant Deed
—
Jun 20, 2013
$5,345,000
Lvp Tps Little Rock LLC
Tplr Partners LLC
Grant Deed
—
Feb 27, 2012
—
Tplr Partners LLC
—
Deed Of Trust
related
$2,000,000 · First National Bank Fort Smith
Mar 4, 2010
—
Tplr Partners LLC
—
Trustees Deed
related
$7,565,466 · First National Bank Fort Smith
—
—
Tplr Partners LLP
—
Deed Of Trust
related
$6,596,187 · First National Bank Fort Smith
—
—
Tplr Partners LLC
—
Deed Of Trust
related
$2,000,000 · First National Bank Fort Smith
—
—
Tplr Partners LLC
—
Deed Of Trust
related
$6,266,187 · First National Bank Fort Smith
—
—
Lvp Tps Little Rock LLC
—
Deed Of Trust
related
$24,420,000 · Barclays Bank Plc
—
—
Tplr Partners LLC
—
Deed Of Trust
related
$7,565,466 · First National Bank Fort Smith
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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