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    OFF-MARKET
    Commercial real estate

    2 Meredith Ct, Little Rock, AR 72227

    8,928 SF 0.59 ac lot Built 1982
    Property ID
    US05-2412199
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1982
    Total area 8,928 SF
    Lot 0.59 ac (25,744 SF)
    UPID US05-2412199
    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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