Cathedral Park Apartments | 1500 Center St
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Cathedral Park Apartments 1500 Center St
9 Unit Apartment Building $1,325,000 ($147,222/Unit) Little Rock, AR 72202
Executive Summary
INVESTOR OPPORTUNITY! Welcome to Cathedral Park Apartments, a stunning historic property beautifully transformed into modern-style living while preserving its unique charm and character. Once home to the famous Orthodox Church, this property features nine units in total, offering granite countertops, stainless steel appliances, washer/dryer units in eight apartments, assigned on-site parking, and gorgeous stained glass accents with intricate architectural details throughout. Located in the heart of the Governor’s Historic District and just one street over from the vibrant SoMa District, it is within walking distance to popular local amenities like The Root Cafe, Community Bakery, Starbucks, and Boulevard Bread Company. This combination of unique features and a prime location makes Cathedral Park Apartments highly desirable to tenants who appreciate a blend of modern convenience and historic charm. Don’t miss this incredible investment opportunity!
Property Facts
Price | $1,325,000 | Building Class | C |
Price Per Unit | $147,222 | Lot Size | 0.34 AC |
Sale Type | Investment | Building Size | 6,634 SF |
No. Units | 9 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1921 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Low Rise |
Price | $1,325,000 |
Price Per Unit | $147,222 |
Sale Type | Investment |
No. Units | 9 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.34 AC |
Building Size | 6,634 SF |
No. Stories | 2 |
Year Built | 1921 |
Opportunity Zone |
Yes |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 4 | $1,045 | 1,000 |
2+1.5 | 4 | $1,255 | 1,100 |
2+2 | 1 | $1,320 | 1,300 |
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
Parcel Number | 34L-020-10-075-00 | Improvements Assessment | $172,798 |
Land Assessment | $18,002 | Total Assessment | $190,800 |
PROPERTY TAXES
Parcel Number
34L-020-10-075-00
Land Assessment
$18,002
Improvements Assessment
$172,798
Total Assessment
$190,800
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Cathedral Park Apartments | 1500 Center St
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