Value-Add Opportunity! Discover an exceptional investment opportunity in West Little Rock with this 222-unit apartment complex listed at an unbeatable price of $7 million. With a cost per unit that's hard to match, this property offers massive value-add potential for investors looking to reposition and unlock its full profitability. Currently mostly vacant, the property provides a blank slate for renovations and strategic improvements. An appraisal values the complex at $20 million post-renovation, underscoring the incredible upside. Located in a high-demand area, this asset is poised for significant growth. The owner is open to selling half of the property, offering additional flexibility to tailor the investment to your goals. Don't miss the chance to capitalize on this rare opportunity in one of Little Rock's most promising multifamily markets! Owner has significantly cleaned up property after tornado. New roofs are currently being installed.
Date | Price |
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-- | New Value: $7,000,000 |
12/17/2024 12:25:50 AM | New Value: Active |
12/10/2024 1:56:00 PM | New Value: $7,000,000 |