New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,015,000
High-rise multifamily apartments
1800 Broadway St Little Rock, AR 72206-1234
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0751126
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1972
Total area
174,804 SF
Lot
2.5 ac (108,900 SF)
APN
34L-207-00-001-00
UPID
US05-0751126
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
Current use
Occupant on record · Public records
-
Fred W Parris Towers Apartment Building
-
Parris Towers Apartment Building
-
Senior Citizens Activities Charitable Organization Social Service Agency
-
Little Rock Housing Authority Housing Authority
-
Textbot ,Ava messaging service Printing Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
Fp Tower Little Rock LLC · 5 yrs held
Fp Tower Little Rock LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$12 / 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
$191,923
Tax year 2024
Assessed value
$2,741,750
Assessed 2024
Previous assessed
$2,741,750
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$108,720
Assessed improvement
$2,633,030
Land market value
$543,600
Improvement market value
$13,165,150
Total market value
$13,708,750
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1972
Heating
NONE
Cooling
NONE
Stories
14
Units
250
Total area
174,804 SF
Lot
2.5 ac (108,900 SF)
APN
34L-207-00-001-00
UPID
US05-0751126
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
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Cooling
Yes
Stories
14
Units
250
Lot
2.5 ac
Current owner
From public records · entity-resolved
Fp Tower Little Rock LLC
Entity
Mailing address
100 S ARCH ST, LITTLE ROCK, AR 72201-2302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2020
—
Fp Tower Little Rock LLC
—
Deed
related
$6,522,000 · Wilmington Tr
Oct 4, 2018
—
Fp Tower Little Rock LLC
—
Deed
related
$14,750,000 · Citibank
Dec 29, 2017
—
Fp Tower Little Rock LLC
—
Deed
related
$7,900 · Housing Authority Of The City
—
—
Fp Tower Little Rock LLC
—
Deed Of Trust
related
$2,000,000 · Private Individual
—
—
Fp Tower Little Rock LLC
—
Deed Of Trust
related
$7,900 · Housing Authority Of The City
—
—
Fp Tower Little Rock LLC
—
Loan Modification
related
$6,780,000 · Housing Authority Of The City
—
—
Fp Tower Little Rock LLC
—
Deed Of Trust
related
$289,140 · Hsng Auth/ The City/little Roc
—
—
Fp Tower Little Rock LLC
—
Loan Modification
related
$6,522,000 · Wilmington Tr
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.
Try Rey
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