9 Meredith, Little Rock, AR 72205-0000

$499,000
4,320
SqFt

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List Price
$499,000
Status
ACTIVE
Days on Market
19
MLS#
26034684
Style
Traditional
Year Built
1982
Living Area
4,320
Lot Size
11,761
Acres
0.27
Subdivision
Meredith Manor
MLS Area Major
Little Rock

Property Description

8 Unit Apartment building on Meredith Court in West Little Rock. All vacant units have been remodeled. All underground water service lines have been replaced in 2025. New roof in 2024. Rents are below market now, but the latest unit was rented for $695. Two of the units are vacant, but are remodeled and should be rented soon for $695. Property is under new management and should be 100% occupied shortly, the vacancies were due to renovations which are now complete. This is a CAP-EX complete, value -add opportunity with a clear path to stabilized cash flow.

Additional Information

Interior Features
Washer Connection, Hot Water Heater-Gas
Taxes
$4,729
Property Description
Traditional
Exterior Features
Brick, Frame
Roof
Composition

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Calculator source: Real Geeks

Listing courtesy of Marshall Peters & Associates.