$19,000,000
9.13± Acres
Active
Pulaski County, AR

2000 Reservoir Rd, Little Rock, Arkansas

MLS ID: 24044159
Status: Active
Price: $19,000,000
Acres: 9.13±
Type: Apartment Building, Apartment
Address: 2000 Reservoir Rd
City, State: Little Rock, AR
County: Pulaski County
ZIP Code: 72227
Year Built: 1974

Description

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.

Directions: Call Listing Office/Agent

Additional Information

Interior

Appliances: Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Flooring: Partial Carpet, Tile, Laminate
Heating: Central Cool -Unspecified, Central Heat -Unspecified

Exterior

Architectural Style: Traditional
Exterior Features: Brick, Brick & Frame Combo, Composition
Foundation Details: Slab
Lot Features: Extra Landscaping, Will Subdivide
Lot Size Source: Tax Records
Lot Size Square Feet: 113640
Parking Features: Four Car or More
Road Surface Type: Paved
Roof: Architectural Shingle
Stories: Two Story

Financial/HOA/Schools

Subdivision Name: Not In List
Zoning: MF
Will Hardin

Will Hardin

Bald Knob, Arkansas

(870) 512-9298

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Zach Saxion of Moses Tucker Partners - (501) 428-7998