2 Apartment Asset Property Package
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2 Apartment Asset Property Package
2 Multifamily Properties in Little Rock, AR
Investment Highlights
- 2 Apartment Asset Properties in Package
- Located in Little Rock area
- Partially Renovated/Refreshed
- Strong investment potential
Executive Summary
Hoffman and Foster Apartments are two multifamily assets located in Little Rock, AR. These properties offer an excellent opportunity for investors to acquire two properties that need a minimal amount of work put in to realize much more income than they are currently achieving. Since current ownership’s acquisition, some units have been refreshed in an effort to keep the units at the top of the comparable market. The current ownership has redirected their portfolio's attention from this specific asset type. New ownership could yield substantial returns with a modest initial investment through a consistent level of attention and dedication. Comparable rental properties in the area indicate that Hoffman and Foster’s rental figures are in line with the market for such products. On a per square foot basis, Hoffman and Foster are achieving a higher price than the average of similar properties.
Property Facts
Sale Type | Investment | Individually For Sale | 0 |
Status | Active | Total Building Size | 36,250 SF |
Number of Properties | 2 | Total Land Area | 1.45 AC |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 36,250 SF |
Total Land Area | 1.45 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Hoffman Apartments
4725 Hoffman Rd, Little Rock, AR 72209 |
Multifamily | 10,800 SF | 1973 | - |
Flats on Foster
3612 Foster St, Little Rock, AR 72204 |
Multifamily | 25,450 SF | - | - |
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2 Apartment Asset Property Package
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