UNDER CONSTRUCTION. ESTIMATED COMPLETION 9-1-25: This 232-unit apartment community in West Little Rock presents a rare opportunity to acquire a turnkey investment in a prime location. Following the 2023 tornado, the property has undergone a $12 million transformation, with every unit completely gutted and rebuilt. All major systems, including HVAC, electrical, plumbing, roofs, windows, and doors, have been replaced, ensuring long-term durability and modern efficiency. Interior upgrades feature high-end finishes, new fixtures, and contemporary flooring, making these apartments both elevated yet affordable for tenants. Beyond the units, the property is being enhanced with new amenities, including a modernized clubhouse, updated pool with outdoor seating, a gym, business center, pickleball courts, and a dog park. The community will be fully stabilized and leased upon completion, projected for August 1st of this year. With a conservative 48% expense ratio, this investment is designed to offer strong, sustainable returns in a high-demand rental market. In one of Little Rock’s most promising multifamily markets.
Active
$19,000,000
2000 Reservoir Rd, Little Rock, AR 72227
--beds
--baths
113,640sqft
Est.:
Apartment
Built in 1974
-- sqft lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
Contemporary flooringHigh-end finishesNew fixtures
- 241 days
- on Zillow |
- 533 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: April 29, 2025 at 07:12am
Listed by:
Zach Saxion 501-428-7998,
Moses Tucker Partners 501-376-6555
Source: CARMLS,MLS#: 24044159

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Electric Range, Dishwasher, Disposal, Refrigerator
Features
- Flooring: Partial Carpet, Tile, Laminate
Interior area
- Total structure area: 113,640
- Total interior livable area: 113,640 sqft
Property
Parking
- Total spaces: 4
- Parking features: Four Car or More
Features
- Levels: Two
Lot
- Size: 9.13 Acres
- Features: Extra Landscaping, Will Subdivide
Details
- Parcel number: 43L1430000100
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Apartment
Materials
- Brick, Composition
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in List
Location
- Region: Little Rock
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $1,015,920
- Annual tax amount: $121,072
- Date on market: 12/10/2024
- Tenant pays: Other
- Road surface type: Paved
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