AR > Little Rock > Not In List
Little Rock, AR 72227,2000 Reservoir Rd
Little Rock, AR 72227,2000 Reservoir Rd
Little Rock, AR 72227,2000 Reservoir Rd
Little Rock, AR 72227,2000 Reservoir Rd
Little Rock, AR 72227,2000 Reservoir Rd
Little Rock, AR 72227,2000 Reservoir Rd
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
15
Apr
Wed
16
Apr
Thu
17
Apr
Westgate Realty

Westgate Realty

+1(417) 257-2733
$ 19,000,000
Est. payment | /mo

113,640 SqFt

Save
$ 19,000,000
Est. payment | /mo
Save

113,640 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 113,640 sqft

Price per Sqft $167

Subdivision Not In List

MLS Listing ID 24044159

Style Traditional

Year Built 1974

Annual Tax Amount $121,072

Lot Size 9.130 Acres

Acres 9.13

Property Sub-Type Apartments

Property 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.

Location

State AR

County Pulaski

Area Lit - West Little Rock (Central)

Zoning MF

Rooms

Kitchen Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays

Interior

Heating Central Cool -Unspecified, Central Heat -Unspecified

Flooring Partial Carpet, Tile, Laminate

Equipment Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays

Exterior

Parking Features Four Car or More

Utilities Available Sewer-Public, Water-Public

Roof Type Architectural Shingle

Building

Lot Description Extra Landscaping, Will Subdivide

Foundation Slab

New Construction No

Listed by Moses Tucker Partners • Zach Saxion

GET MORE INFORMATION

agent
Westgate Realty

Broker | License ID: 2019046646

+1(417) 257-2733

740 N Kentucky Ave, West Plains, MO, 65775, USA

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Westgate Realty, Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

2000 Reservoir Rd

QUICK SEARCH