College Terrace

18 Unit Apartment Building | $1,150,000 ($63,889/Unit) | 7.32% Cap Rate | Little Rock, AR 72204

Asking Price $1,150,000

Property Type: Multifamily
Square Feet: 11,580 SF

Listing Contacts

Daniel Vogel

Verified Profile

Drew Holbert

Verified Profile

Property Info

Property Overview

This 18-unit apartment complex at 3415 Town & Country Avenue in Little Rock offers a solid investment opportunity with its central location across from the University of Arkansas at Little Rock. Built in 1963, the fully occupied property features 11,580 square feet of living space on 0.66 acres, consisting entirely of two-bedroom units. With a net operating income of $84,176.46 and an asking price of $1,150,000, this gated facility presents an attractive option for investors looking to acquire a stabilized multifamily asset in a well-established area near educational institutions and urban amenities.
Full Offering Memorandum available here:
https://app.smartsheet.com/b/form/fd20251055054750a7cb1a07361b3bc9

Property Details

Class: C
Year Built: 1963
Stories: 2
Lot Size (sq. ft): 28,750 SF
Units: 18

Highlights

Fully occupied
NOI: $84,176.46
Gated facility

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