5001 W 65th St | Little Rock, AR 72209
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
5001 W 65th St
Little Rock, AR 72209
Villas on Sixty Fifth · Multifamily Property For Sale · 224 Units
Investment Highlights
- The property is encumbered by a LURA set to Expire in December 2039. A 100% Tax Credit Property with a 60% AMI Tenant Qualification
- A new Buyer can implement several Ancillary Income opportunities
- Attractive Management Play with Incredible Basis and Value Upside in a Historically Stable Submarket
- A new Buyer can dramatically improve cash flow by bringing occupancy up to the comparable average of 96%
PROPERTY FACTS
| No. Units | 224 | Building Size | 173,600 SF |
| Property Type | Multifamily | Average Occupancy | 21% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2022 |
| Building Class | C | Parking Ratio | 1.97/1,000 SF |
| Lot Size | 12.59 AC |
| No. Units | 224 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 12.59 AC |
| Building Size | 173,600 SF |
| Average Occupancy | 21% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2022 |
| Parking Ratio | 1.97/1,000 SF |
Unit Amenities
- Air Conditioning
- Disposal
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Playground
- Gated
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 96 | - | 680 |
| 2+1 | 96 | - | 805 |
| 3+1 | 32 | - | 970 |
PROPERTY TAXES
| Parcel Number | 34L-363-00-032-00 | Improvements Assessment | $1,555,690 |
| Land Assessment | $109,710 | Total Assessment | $1,665,400 |
PROPERTY TAXES
Parcel Number
34L-363-00-032-00
Land Assessment
$109,710
Improvements Assessment
$1,555,690
Total Assessment
$1,665,400
zoning
| Zoning Code | C4 (Multi-Family) |
| C4 (Multi-Family) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
