Property
Beds
21
Full Baths
None
1/2 Baths
None
Year Built
1972
Sq.Footage
9,323
Turnkey investment opportunity featuring eight occupied single-family rental homes offered as one package: 11223 Morningside Dr., Mabelvale—3 BR, 1.5 BA, 1,344 SF; 10025 Wilderness Rd.—3 BR, 2 BA, 1,547 SF; 6804 Fairfield Dr.—3 BR, 1 BA, 1,142 SF; 10 Portsmouth Dr.—2 BR, 1.5 BA, 900 SF; 4121 Arapaho Trl.—2 BR, 1.5 BA, 1,444 SF; 7500 Redwood Dr.—3 BR, 1 BA, 884 SF; 3601 Lilac Ter.—3 BR, 1 BA, 988 SF; and 14819 Arch St.—2 BR, 1 BA, 1,074 SF. All properties except Morningside are in Little Rock. The portfolio totals 21 bedrooms, 10.5 bathrooms and approximately 9,323 SF. Seller reports potential for future income growth as leases renew, subject to lease terms, required notices, housing-assistance guidelines and applicable law. Four homes participate in housing-assistance programs. Professionally managed. Several homes were renovated in 2017, 2022 or 2023, with approximately $139,000 in reported repairs and improvements. Several long-term tentants/leases extend into 2027, providing established income from day one. No reported HOA/POA fees or owner-paid monthly utilities. Package sale only; seller will not divide. Do not disturb tenants. Buyer to verify all information.
Features & Amenities
Interior
-
Other Interior Features
Walk-In Closet(s), Pantry
-
Total Bedrooms
21
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric, Gas, None
-
Heating YN
YES
-
Heating
Central, Natural Gas, Electric, Space Heater, Wood
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Frame
-
Patio and Porch Features
Patio, Porch
-
Pool
No
-
View
Lake
Area & Lot
-
Lot Features
Level, Sloped
-
Lot Size(acres)
0.35
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Contemporary, Traditional
Price
-
Sales Price
$1,400,000
-
Tax Amount
$1,125.42
-
Zoning
0
-
Sq. Footage
9,323
-
Price/SqFt
$150
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Pulaski
Elementary School
Middle School
High School
Listing Courtesy of Madison Ralph, LPT Selling Luxury
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