2020 W 3rd Street Little Rock, AR 72205

Active

$2,700,000

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0 Beds
0 Baths
Multi-Family
MLS# 24040477

2020 W 3rd Street, Little Rock, AR 72205

Listing provided courtesy of: Capital Real Estate Advisors

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Property Details

Description

The Executive Building'”a remarkable redevelopment opportunity in the heart of Little Rock, Arkansas. Formerly offering six stories of diverse office and retail spaces, this prime property is being strategically reimagined to meet the surging demand for multifamily housing. The shift will transform the existing commercial layout into 28 vibrant residential units, providing an attractive investment for those eager to capitalize on the strength and stability of the multifamily sector. This unique value-add project will enhance the property's potential, with 28 Units positioned for tasteful renovations to align with the refined lifestyle and convenience today's renters seek, and 63 self-storage units to maximize your potential income. See the attached Offering Memorandum (Future Rent Numbers, Renovation Budget, Floor Plan) **See Agent Remarks For Showing Instructions** Disclaimer: Information provided is for general purposes only. All details, including square footage, unit sizes, and renovation plans, are close approximations, with no guarantees regarding accuracy. The agent/broker makes no representations or warranties, expressed or implied, regarding the property.

General Features
- Annual Taxes 24780
- Area LITTLE ROCK (DOWNTOWN)
- Foreclosure Reo NO
- County Pulaski
- Style Contemporary
- Subdivision Plunkett 2nd
Building Features
- Floors Concrete, Tile, Laminate
- Exterior Block
- Walls Sheet Rock
- Utilities Sewer-Public, Water-Public, Electric-Municipal
- Kitchen Equipment None
- Roof Rolled, Flat
- Heating And Air Cond Window Units
- Interior Features Hot Water Heater-Electric, Security System
- Garage Parking Four Car or More
- Foundation Slab
Property Features
- Approx Acreage 0.89
- Road Surface Paved

Contact

David & Kathi Merritt

Executive Brokers - CRS, GRI, ABR

RE/MAX Advantage

Direct: 501-230-1933

Neighborhood

Market Last 30 Days In This Postal Code

Property History

Date	Event	Price
--	Current Price Source: Multiple Listing Service	New Value: $2,700,000
11/13/2024 12:25:59 AM	Status Changed Source: Multiple Listing Service	New Value: Active
11/6/2024 6:26:00 PM	New in Database Source: Multiple Listing Service	New Value: $2,700,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity? Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerager firms other than RE/MAX Arkansas, are marked with the Broker Reciprocity? logo and information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
Copyright 2024© Arkansas REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data last updated 11/20/2024 8:56:27 PM PST.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.