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615 N Maple St
North Little Rock, AR 72114

Argenta Square Apartments · Multifamily Property For Sale · 54 Units

INVESTMENT HIGHLIGHTS

  • Walkable to an array of restaurants, retail, breweries & art galleries
  • Owner financing available and terms are negotiable depending on pricing, term requested, etc.
  • Large dedicated parking lot available

EXECUTIVE SUMMARY

This highly desirable 54-unit multifamily complex is located in the heart of the Argenta Arts District in North Little Rock, offering a rare investment opportunity in one of the most sought-after areas in Central Arkansas. The property features well-maintained and spacious units designed for long-term tenant appeal, with shared laundry facilities conveniently located within each building. A large dedicated parking lot ensures ample space for tenants and guests, a valuable feature in this walkable and thriving neighborhood.
Just steps away from top-rated restaurants, coffee shops, breweries, art galleries, and entertainment venues, this property is perfectly positioned to attract strong rental demand. Argenta continues to experience significant growth and rising property values, making this an excellent opportunity for both immediate cash flow and long-term appreciation. Owner financing is available, with terms negotiable based on pricing and requested conditions. This is an exceptional chance to invest in a high-growth market with a dynamic urban appeal.

PROPERTY FACTS

Price Per Unit $103,704
Sale Type Investment
No. Units 54
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 1.57 AC
Building Size 64,485 SF
Average Occupancy 96%
No. Stories 3
Year Built 2002
Parking Ratio 1.55/1,000 SF
Opportunity Zone Yes

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets

SITE AMENITIES

  • 24 Hour Access
  • Business Center
  • Fitness Center
  • Playground
  • Pool
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Laundry Service
  • Maintenance on site
  • Online Services

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 - 748 - 799
2+1 45 - 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 33N-274-00-071-01
  • 33N-274-00-077-00
  • 33N-274-00-078-00
Land Assessment
$143,721
Improvements Assessment
$580,109
Total Assessment
$723,830

ZONING

Zoning Code C6/R4
C6/R4
  • Listing ID: 31272083

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: 615 N Maple St, North Little Rock, AR 72114

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