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USAARLittle RockNot in List2000 Reservoir Rd
2000 Reservoir Rd, Condo with 0 bedrooms, 0 bathrooms and null parking in Little Rock AR | Image 1
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$19,000,000

2000 Reservoir Rd, Little Rock, AR

Condo

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 113640 sqft
Garage No
Maintenance Fees 
Taxes $121,072
Days Active 187
Approx. Age 1974
Avg. Price Per Sqft $167
MLS® Number 24044159

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

UNDER CONSTRUCTION. ESTIMATED COMPLETION 9-1-25: This 232-unit apartment community in West Little Rock presents a rare opportunity to acquire a turnkey investment in a prime location. Following the 2023 tornado, the property has undergone a $12 million transformation, with every unit completely gutted and rebuilt. All major systems, including HVAC, electrical, plumbing, roofs, windows, and doors, have been replaced, ensuring long-term durability and modern efficiency. Interior upgrades feature high-end finishes, new fixtures, and contemporary flooring, making these apartments both elevated yet affordable for tenants. Beyond the units, the property is being enhanced with new amenities, including a modernized clubhouse, updated pool with outdoor seating, a gym, business center, pickleball courts, and a dog park. The community will be fully stabilized and leased upon completion, projected for August 1st of this year. With a conservative 48% expense ratio, this investment is designed to offer strong, sustainable returns in a high-demand rental market. In one of Little Rock’s most promising multifamily markets.Show Description
MLS® Number24044159
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1974
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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