2 Meredith Ct, Little Rock, AR 72227
This exceptional investment opportunity presents an 8-unit apartment building ideally situated in Little Rock, Arkansas. The property, encompassing two buildings on a 0.591-acre lot, boasts a total of 8,928 square feet and was constructed in 1982. Each building is two stories high. Centrally located, it offers convenient access to major thoroughfares like Cantrell Road and Rodney Parham Road, placing residents near numerous shopping centers, restaurants, and Reservoir Park. The property's proximity to McDermott Elementary School adds to its appeal. This multifamily complex presents a strong investment prospect, given Little Rock's expanding population and economy, which are expected to fuel rental demand and potentially increase rental rates. Savvy investors will recognize the potential for value enhancement through strategic renovations or upgrades, leading to higher rental income and improved cash flow. The asking price for this eight-unit property is $675,000. The property's address is 2 & 4 Meredith Court, Little Rock, AR 72227, within Pulaski County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.