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Villas on Sixty Fifth 5001 W 65th St

224 Unit Apartment Building $6,950,000 ($31,027/Unit) Little Rock, AR 72209

INVESTMENT HIGHLIGHTS

  • Value Add opportunity

EXECUTIVE SUMMARY

Incredible Value-Add Investment Opportunity! This 224-unit multifamily property is primed for the right investor to unlock its full potential. While it needs work, the upside is undeniable—with strategic improvements, this asset can be transformed into a high-performing, cash-flowing property. Located in a high-demand area, it’s surrounded by businesses, shopping, dining, and major employers, making it an attractive location for tenants. Whether you're looking to renovate, reposition, or redevelop, this property presents an exceptional chance to maximize returns. Opportunities like this don’t last—bring your vision and turn this into a profitable investment!

PROPERTY FACTS

Price $6,950,000
Price Per Unit $31,027
Sale Type Investment
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 1%
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 $725.00 680
2+1 96 $900.00 805
3+1 32 $1,000 970

PROPERTY TAXES

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)
  • Listing ID: 34975018

  • Date on Market: 2/28/2025

  • Last Updated:

  • Address: 5001 W 65th St, Little Rock, AR 72209

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