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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
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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  • Listing ID: 33625744

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 2 Apartment Asset Property Package, Little Rock, AR

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