423 E 3rd St | Little Rock, AR 72201
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- LoopNet Team
423 E 3rd St
Little Rock, AR 72201
Tuf Nut Lofts · Multifamily Property For Sale
·
23 Units
INVESTMENT HIGHLIGHTS
- Highly desirable & historic mixed-use property in Downtown Little Rock
- 100% occupancy, minimal turnover, & immediate upside
- Entrance barriers exist, limiting new construction & competition
- Trophy location and walkable to shops, restaurants, entertainment, etc.
- Ability to take advantage of the below market current rents to have an increase in annual rents of $73,032
- Located in a stable, growing market with Landlord favorable conditions
PROPERTY FACTS
| No. Units | 23 | Building Size | 48,188 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 0.82/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | UU - Urban Use | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 48,188 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1928 |
| Parking Ratio | 0.82/1,000 SF |
| Zoning | UU - Urban Use |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- On-Site Retail
- Walking/Biking Trails
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 23 | $1,083 | 652 - 1,580 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $62,250 | |
| Land Assessment | $0 | Total Assessment | $62,250 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$62,250
Total Assessment
$62,250
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