2 Meredith Ct Little Rock, AR 72227
- Commercial real estate
- 8,928 SF
- 0.59 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2 Meredith Ct
- Year built
- 1982
- Lot size
- 0.59 lot acres
- Property size
- 8,928 SF
- Property type
- Commercial real estate
Description
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.
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
- -92.3755463
- Latitude
- 34.7704347
