Ascent at Aldersgate

50 Unit Apartment Building | $8,300,000 ($166,000/Unit) | Little Rock, AR 72205

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $8,300,000

Property Type
Multifamily
Square Feet
50,000 SF

Listing Contacts

Ben Parrish
Ben Parrish
Verified Profile
Patrick Jordan
Patrick Jordan
Verified Profile
  • Property Info

Property Overview

• Boutique, condo-quality development located in the heart of the Medical Corridor
• 50-unit community boasting over 1,100 square feet on average; one-bed/one bath units span 936 square feet and command rents of $1,450+; two-bed/two bath units average over 1,110 square feet and garner rents of $1,700+
• 2019-vintage, modern mid-rise offering a wide array of amenities: full fitness center, contemporary swimming pool, firepit, business center, conference room, and residents’ lounge
• Each unit features a private balcony, stainless-steel appliances, kitchen island with granite countertops throughout, in-unit washer/dryer, and wood-look plank flooring
• Ultra-connected location with a prominent medical employment base, strategically positioned across from Arkansas Heart Hospital, Baptist Health Medical Center, Westlake Corporate Park, and the I-430 and I-630 gateway
• Delivered Free and Clear; offered well below replacement cost

Property Details

Class
B
Year Built
2019
Stories
3
Lot Size (sq. ft)
71,874 SF
Units
50

Highlights

  • Boutique, condo-quality development located in the heart of the Medical Corridor
  • 2019-vintage, modern mid-rise offering a wide array of amenities: full fitness center, contemporary swimming pool, firepit, business center,etc
  • Each unit features a private balcony, stainless-steel appliances, kitchen island with granite countertops throughout, in-unit washer/dryer, Wood plank

FAQ

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