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206 Kanis Ridge Dr - Kanis Ridge Estates 16 Unit Apartment Building Offered at $6,000,000 Little Rock, AR 72223
INVESTMENT HIGHLIGHTS
- 16 newly constructed (2022–2023) single-family rental homes in West Little Rock’s most desirable residential corridor
- Strong in-place occupancy (~94%) with rents supported by comparable new-construction SFR product
- Fee-simple, individually parceled assets, allowing both portfolio hold and individual retail disposition strategies
EXECUTIVE SUMMARY
Kanis Ridge Estates presents a rare opportunity to acquire a high-quality collection of modern build-for-rent homes in one of Little Rock’s most desirable residential pockets. Situated along the growing western corridor, the community offers investors long-term stability supported by strong demand for single-family rentals, superior construction quality, and family-friendly neighborhood appeal.
Completed with contemporary design and functional layouts, the homes range from 1,900 to 2,400 square feet of heated and cooled living space. Each residence features an open-concept floor plan ideal for today’s lifestyle needs, complemented by elegant interior finishes including luxury plank flooring, custom cabinetry, solid-surface countertops, and stainless-steel appliances highlighted by a gas slide-in range. High-efficiency construction—featuring cellulose-insulated exterior walls and R-38 attic insulation—delivers durable performance and reduced operating costs.
Thoughtful details are incorporated throughout, such as gas log fireplaces, built-in pantries, walk-in closets, and tiled master showers. Outdoor living is enhanced with covered back patios and small private yards, offering residents the perfect blend of low-maintenance living and personal space.
Kanis Ridge Estates represents an attractive, low-maintenance investment poised to benefit from sustained renter demand, modern construction, and the continued expansion of the Little Rock housing market.
Completed with contemporary design and functional layouts, the homes range from 1,900 to 2,400 square feet of heated and cooled living space. Each residence features an open-concept floor plan ideal for today’s lifestyle needs, complemented by elegant interior finishes including luxury plank flooring, custom cabinetry, solid-surface countertops, and stainless-steel appliances highlighted by a gas slide-in range. High-efficiency construction—featuring cellulose-insulated exterior walls and R-38 attic insulation—delivers durable performance and reduced operating costs.
Thoughtful details are incorporated throughout, such as gas log fireplaces, built-in pantries, walk-in closets, and tiled master showers. Outdoor living is enhanced with covered back patios and small private yards, offering residents the perfect blend of low-maintenance living and personal space.
Kanis Ridge Estates represents an attractive, low-maintenance investment poised to benefit from sustained renter demand, modern construction, and the continued expansion of the Little Rock housing market.
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PROPERTY FACTS
| Price | $6,000,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $375,000 | Building Size | 33,114 SF |
| Sale Type | Investment | Average Occupancy | 94% |
| No. Units | 16 | No. Stories | 1 |
| Property Type | Year Built | 2022 |
| Price | $6,000,000 |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | |
| Apartment Style | Single-Family Home |
| Building Size | 33,114 SF |
| Average Occupancy | 94% |
| No. Stories | 1 |
| Year Built | 2022 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 13 | $3,012 | 2,005 |
| 4+2.5 | 1 | $3,400 | 2,310 |
| 4+3 | 2 | $3,450 | 2,368 |
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206 Kanis Ridge Dr - Kanis Ridge Estates
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