1400 N Pierce St | Little Rock, AR 72207
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1400 N Pierce St
Little Rock, AR 72207
Forest Place Apartments · Multifamily Property For Sale
·
256 Units
INVESTMENT HIGHLIGHTS
- Current ownership has invested over $1.8M in general capital, upgraded amenities and interior upgrades.
- The area has strong demographics, with an average household income of $138K and an average home value of $513K within a one-mile radius.
- ???????Forest Place is located in the Heights neighborhood of Midtown Little Rock.
- Forest Place also sits less than a mile north of Little Rock’s I-630 Medical Corridor
PROPERTY FACTS
| No. Units | 256 | Building Size | 318,188 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Garden | Year Built/Renovated | 1974/2015 |
| Building Class | B | Parking Ratio | 1.09/1,000 SF |
| Lot Size | 8.86 AC |
| No. Units | 256 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.86 AC |
| Building Size | 318,188 SF |
| Average Occupancy | 98% |
| No. Stories | 4 |
| Year Built/Renovated | 1974/2015 |
| Parking Ratio | 1.09/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Eat-in Kitchen
- Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Den
- Dining Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Gated
- Disposal Chutes
- Package Service
- Recycling
- Storage Space
- Elevator
- Lounge
- Maintenance on site
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 132 | - | 566 - 1,179 |
| 2+2 | 106 | - | 1,038 - 1,484 |
| 3+2 | 18 | - | 1,600 - 1,879 |
PROPERTY TAXES
| Parcel Number | 33L-038-00-002-00 | Improvements Assessment | $5,129,765 |
| Land Assessment | $393,635 | Total Assessment | $5,523,400 |
PROPERTY TAXES
Parcel Number
33L-038-00-002-00
Land Assessment
$393,635
Improvements Assessment
$5,129,765
Total Assessment
$5,523,400
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