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2020 W 3rd Street, Little Rock, AR 72205

$2,700,000
  • 2020 W 3rd Street, Little Rock, AR 72205 Main Photo

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Active
BEDS0 BATHS SQUARE FEET31,800 MLS#24040477
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPlunkett 2nd NEIGHBORHOODLittle Rock

Property Description

The Executive Building???a remarkable redevelopment opportunity in the heart of Little Rock, Arkansas. Formerly offering six stories of diverse office and retail spaces, this prime property is being strategically reimagined to meet the surging demand for multifamily housing. The shift will transform the existing commercial layout into 28 vibrant residential units, providing an attractive investment for those eager to capitalize on the strength and stability of the multifamily sector. This unique value-add project will enhance the property???s potential, with 28 Units positioned for tasteful renovations to align with the refined lifestyle and convenience today???s renters seek, and 63 self-storage units to maximize your potential income. See the attached Offering Memorandum (Future Rent Numbers, Renovation Budget, Floor Plan) **See Agent Remarks For Showing Instructions** Disclaimer: Information provided is for general purposes only. All details, including square footage, unit sizes, and renovation plans, are close approximations, with no guarantees regarding accuracy. The agent/broker makes no representations or warranties, expressed or implied, regarding the property.

2020 W 3rd Street | MLS# 24040477

This multi-family property located at 2020 W 3rd Street, Little Rock, AR 72205 is currently listed for sale with an asking price of $2,700,000. Search Little Rock real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Units
Home Style: Contemporary
Lot Size: 0.89 Acres
Roof Type: Rolled, Flat
Taxes: $24,780
Year Built: 1971

Amenities

Hot Water Heater-Electric
Security System
Elevator
Video Surveillance

Feature Descriptions

Appliance(s)/Kitchen Equipment: None
Days on Site: 482
Expenses Include: Taxes, Insurance, Maint./Lawn Care, Utilities, Management, Trash, Electric, Water/Sewer
Exterior: Block
Lot Dimensions: 0.89 acre(s)
Number of 1 Bedroom Unit(s): 20
Number of 2 Bedroom Unit(s): 8
Parking Notes: Four Car or More
Security: yes
Sewer: Public Sewer
Units: 28
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Capital Real Estate Advisors
Agency Phone: 501-420-4097

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Arkansas MLS

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Estimated Payment

$ 8,861.53 per month $6,009.03 Principal & Interest $2,065.00 Property Tax $787.50 Homeowner's Insurance

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