Listed by Moses Tucker Partners
$6,900,000
The Summit at Geyer Springs
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 96,956
Net Rentable (SqFt) 96,956
Units 155
Year Built 1969 (Parcel A) & 1974 (Parcel B)
Year Renovated 2007/2019
Buildings 13
Stories 2
Acreage 7.800
Multifamily | 155 Units
Marketing description
The Summit at Geyer Springs presents a unique opportunity to acquire a stabilized, value-add multifamily asset in the heart of Little Rock. This beautifully landscaped, family-oriented walk-up community offers immediate income generation with longterm growth potential. Investors will benefit from attractive, accretive assumable financing and operational upside through improved third-party management.
The asset is positioned for enhanced performance through strategic management and thoughtful capital deployment. It represents a rare multifamily investment opportunity in a market with limited supply.
Investment highlights
- Assumable Fannie Mae debt at 4.15%; matures in 2032
- Professionally managed with on-site maintenance and management
- Both properties received a full interior & façade renovation in 2019
- Each property features community amenities such as a clubhouse, resident lounge, courtyard, playground, laundry facilities, and surface parking
Listing Contacts
Listed by Moses Tucker Partners
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Name
License
Name
License
Is there information that looks off?
