1900 Reservoir Rd, Little Rock, AR 72227

This 232-unit apartment community in West Little Rock recently underwent a full remodel and 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. 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.

• Exceptional turnkey multifamily investment opportunity in West Little Rock

• This sprawling 232-unit property

• All 111 units on the south side will have new doors and windows installed in early January 2024

• All 121 units on the south side will be fully remodeled and modernized by June 2024

• Unbeatable location along Reservoir Rd between Cantrell Rd and N Rodney Parham Rd – the combined daily traffic sits at 57,500 vehicles

• Dedicated parking lot with over 250 surface spaces