College Terrace | 3415 Town And Country Ave
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College Terrace 3415 Town And Country Ave
18 Unit Apartment Building $1,424,094 CAD ($79,116 CAD/Unit) 8.46% Cap Rate Little Rock, AR 72204
Investment Highlights
- Fully occupied
- Gated facility
- NOI: $84,176.46
Executive Summary
This 18-unit apartment complex at 3415 Town & Country Avenue in Little Rock offers a solid investment opportunity with its central location across from the University of Arkansas at Little Rock. Built in 1963, the fully occupied property features 11,580 square feet of living space on 0.66 acres, consisting entirely of two-bedroom units. With a net operating income of $84,176.46 and an asking price of $995,000, this gated facility presents an attractive option for investors looking to acquire a stabilized multifamily asset in a well-established area near educational institutions and urban amenities.
Full Offering Memorandum available here:
https://app.smartsheet.com/b/form/fd20251055054750a7cb1a07361b3bc9
Full Offering Memorandum available here:
https://app.smartsheet.com/b/form/fd20251055054750a7cb1a07361b3bc9
Property Facts
| Price | $1,424,094 CAD | Apartment Style | Low Rise |
| Price Per Unit | $79,116 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.66 AC |
| Cap Rate | 8.46% | Building Size | 11,580 SF |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 4.06/1,000 SF |
| Price | $1,424,094 CAD |
| Price Per Unit | $79,116 CAD |
| Sale Type | Investment |
| Cap Rate | 8.46% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 11,580 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 4.06/1,000 SF |
Unit Amenities
- Kitchen
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 18 | - | - |
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Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 44L-117-00-006-00 | Improvements Assessment | $208,821 CAD |
| Land Assessment | $49,377 CAD | Total Assessment | $258,197 CAD |
PROPERTY TAXES
Parcel Number
44L-117-00-006-00
Land Assessment
$49,377 CAD
Improvements Assessment
$208,821 CAD
Total Assessment
$258,197 CAD
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College Terrace | 3415 Town And Country Ave
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