16708 Cantrell Road

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16708 Cantrell Road

Little Rock, AR 72223
Asking Price
$6.50M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily development opportunity located on Cantrell Road in Little Rock.
  • Property is listed for sale at a price of 6,500,000 dollars.
  • Strategic location within the growing West Little Rock suburban market.
  • Suitable for an apartment building project in an established residential area.
  • Site offers proximity to primary transit routes in the metropolitan area.

What's Special

This multifamily development opportunity on Cantrell Road in West Little Rock represents a strategic acquisition for investors looking to expand their residential footprint in a growing suburban market. The site is positioned along a primary arterial route, providing connectivity to the broader Little Rock metropolitan area. Given its location in an established residential corridor, this asset is well-suited for a multi-unit apartment building project catering to the local rental demographic. Little Rock serves as a regional hub for commerce and government, with consistent demand for residential housing near major employment centers and transit corridors. The site offers the scale necessary for a significant multifamily investment, allowing developers to capitalize on the continued demand for apartment living in this submarket. The property footprint accommodates high-density residential planning and efficient site design, making it a viable addition to a residential development portfolio.

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NOI
$80,000
Cap Rate
1.23%
DSCR
0.21
Underwater
Cash-on-Cash
-15.69%
Monthly Payment
$32,158.453
Annual Cash Flow
$-305,901.442

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