5515 Springvale Road, Little Rock, AR

Multi-family for Sale

Agent Info

Edward Durnil
Tranzon Asset Advisors

Property Info

  5515 Springvale Road
  Little Rock AR 72201
UpdatedOctober 27th, 2021
PriceUpon Request


Property Description

Online Auction - 20-Unit Apartments

Property Address: 5515 Springvale Road, Little Rock, AR 72201

Online bidding ends November 17th at 2:45 PM ET

• Two Multi-Family Apartment Buildings with 10 Units in Each – Will Be Offered Individually and as Combination

• All Units are 2 Bed/2 Bath

• Separately Metered for Gas & Electric – Tenants Responsible for All Services Except Water and Trash

• High Occupancy with Many Long Term Tenants – Currently 19 of 20 Units are Rented

• Tremendous Cash Flow – 2020 Net Operating Income of $91,579

• Conveniently Located with Access to Shopping, Restaurants, and I-30

• Lot Size 1.48 Acres

• Built in 1999

• Ample on-site parking

Tranzon Asset Advisors, AR Auctioneer Tim Mast, License No. 1955

10% Buyer's Premium and other terms apply

Contact Jordan Conlee at 888-791-7307 ext. 809 or jconlee@tranzon.com