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River Road
North Little Rock, AR 18301-7838
Asking Price
$1.38M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 8.91 acres <ul><li>Sale Price: $1,375,000</li><li>±8.91 Acres Available</li><li>River Road Frontage</li><li>Adjacent to Esplanade District Apartments</li><li>Near Rockwater and Riverview at Rockwater</li><li>Minutes from Argenta Arts District and Downtown Little Rock</li><li>Surrounded by Established Residential and Multifamily Development</li><li>Adjacent to 92-unit Esplanade District luxury apartment community</li><li>Close proximity to the highly successful Rockwater Village community</li></ul>
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NOI
$80,000
Cap Rate
5.82%
DSCR
0.98
Underwater
Cash-on-Cash
-0.40%
Monthly Payment
$6,802.75
Annual Cash Flow
$-1,632.997
