6320 Butler Rd, Little Rock, AR
Multi-family for Sale - $1,300,000 - 37,516 Sq. Ft. on 2.26 acres
Property Info
| CIMLS# | 908872 |
| Location 6320 Butler Rd Little Rock AR 72209 | |
| Updated | January 16th, 2017 |
| Type | Multi-family |
| Price | $1,300,000 |
| Building | 37,516 Sq. Ft. |
| Land | 2.26 acres |
Property Description
64 Unit apartment complex in SW Little Rock. Primarily surrounded by commercial development. Ideal for a redevelopment by an investor or commercial user. The breakdown of the units are 10 (1+1), 40 (2+1) and 14 Townhouses, 6 (2+1) & 8 (2+1.5). The current owner has put $300,000.00 in improvements in the last 2-3 years. A new roof and updated kitchens are some of the recent renovations.
Location Description:
From I-30 head north on S University, take a right on 65th Street then Left on Butler. Property will be on the left one block north.
Highlights:
>> Currently at 85% leased
>> 64 Unit Apartment Complex
>> 2 Story buildings
>> Separate Laundry room, additional income
>> Quiet area, primarily surrounded by commercial development
>> Recent renovations
>> Deferred Maintenance
>> Financials available with a signed CA
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Financials
Sales Info:
>> Commision split: 3.5%