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Property profile & analytics
OFF-MARKET
Estimated value
$44,710,000
High-rise multifamily apartments
75 Riverfront Dr, N Little Rock, AR 72114-5948
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0424237
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2008
Total area
382,828 SF
Lot
3.4 ac (148,104 SF)
APN
33N-300-07-001-00
UPID
US05-0424237
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
by Request
CAP Approach
CAP
$47.60M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$44.71M
Owner & transaction history
Mack LLC · 3 yrs held
Mack LLC
since 2022
Last sale
$44.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$40.4M
+448.7%
Restaurant
$30.9M
+319.4%
Office building
$30.3M
+311.1%
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 N Little Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs N 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
$42,635,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$51,570,000
6.5%
$47,600,000
7%
$44,200,000
Alternative Use
Use
Estimation
RETAIL STORES
$40,435,000
Change: +449% · Conversion: Difficult
RESTAURANT
$30,905,000
Change: +319% · Conversion: Difficult
OFFICE BUILDING
$30,295,000
Change: +311% · Conversion: Moderate
AUTO REPAIR, GARAGE
$29,415,000
Change: +299% · Conversion: Difficult
Blend value · Realmo final
$44.71M
Range $40.24M – $49.18M · ±10% · vs last sale $44.30M (Sep 19 2022)
Last sale anchor
$44.30M
Sep 19 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
$117 / 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
$435,442
Tax year 2024
Assessed value
$6,518,600
Assessed 2024
Previous assessed
$6,518,600
+0.0% YoY
Effective rate
6.68%
On assessed value
Assessed land
$355,824
Assessed improvement
$6,162,776
Land market value
$1,779,120
Improvement market value
$30,813,880
Total market value
$32,593,000
Applied tax rate
4.0000
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
2008
Heating
NONE
Cooling
NONE
Stories
4
Units
260
Total area
382,828 SF
Lot
3.4 ac (148,104 SF)
APN
33N-300-07-001-00
UPID
US05-0424237
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
RETAIL STORES
Est. value
$40.4M
RESTAURANT
Est. value
$30.9M
OFFICE BUILDING
Est. value
$30.3M
AUTO REPAIR, GARAGE
Est. value
$29.4M
RETAIL STORES
RESTAURANT
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
2008
Heating
NONE
Cooling
Yes
Stories
4
Units
260
Lot
3.4 ac
Current owner
From public records · entity-resolved
Mack LLC
Entity
Mailing address
6688 N CENTRAL EXPY STE #1400, DALLAS, TX 75206-3925
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2022
$44,300,000
Mack LLC
Little Rock Enclave Apartments LP
Special Warranty Deed
$27,084,000 · Capital One Bank NA
Mar 29, 2017
—
Little Rock Enclave Apartments LP
—
Deed
related
$25,489,000 · Suntrust Bank
Jun 22, 2016
—
Little Rock Enclave Apartments
—
Deed
related
$26,527,000 · * Other Institutional Lenders
Aug 9, 2005
—
Rock Enclave Apartments Little
Multi-purpose Civic Center Fac
Quit Claim Deed
related
—
—
—
Little Rock Enclave Apartments
—
Loan Modification
related
$26,527,000 · * Other Institutional Lenders
—
—
Little Rock Enclave Apartments
—
Deed Of Trust
related
$26,527,000 · Oppenheimer Multifamily Hsng &
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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