11223 Morningside Drive1300, Little Rock, AR 72103
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11223 Morningside Drive1300, Little Rock, AR 72103
11223 Morningside Drive1300, Little Rock, AR 72103
11223 Morningside Drive1300, Little Rock, AR 72103
11223 Morningside Drive1300, Little Rock, AR 72103
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Southern Homes Realty

Southern Homes Realty

Southern Homes Realty

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11223 Morningside Drive1300 Little Rock, AR 72103

21 Beds

9 Baths

9,323 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type PKG Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,323 sqft

Price per Sqft $150

Subdivision Hollywood Heights

MLS Listing ID 26036726

Style Traditional,Contemporary

Bedrooms 21

Year Built 1972

Annual Tax Amount $1,125

Tax Year 2024

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type PKG Single Family

Property Description

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.

Location

State AR

County Pulaski

Area Little Rock

Rooms

Kitchen Built-In Stove, Free-Standing Stove, Microwave, Gas Range, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, None

Interior

Interior Features Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Hot Water Heater-Gas, Hot Water Heater-Electric, Smoke Detector, Other (see remarks), Closet - Walk In

Heating Central Cool-Gas, Central Cool-Electric, No Cooling, Central Heat-Gas, Central Heat-Electric, Central Heat-Woodburning, Space Heater-Gas, Space Heater-Electric

Flooring Tile, Vinyl, Luxury Vinyl

Equipment Built-In Stove, Free-Standing Stove, Microwave, Gas Range, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, None

Exterior

Exterior Feature Fully Fenced, Partially Fenced, Storage Building, Guttering, Patio, Covered, Porch

Parking Features Garage, Carport, Parking Pads, Two Car, Three Car, None

Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Electric-Co-op, Gas-Natural, Gas-Propane/Butane

Roof Type Architectural Shingle

Building

Lot Description Sloped, Level, Zero Lot Line, Rural Property, In Subdivision, Not in Subdivision, Will Subdivide, Lake View, Common to Lake

Foundation Slab, Slab/Crawl Combination

New Construction No

Others

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Listed by LPT Selling Luxury • Madison I Ralph

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Southern Homes Realty

Southern Homes Realty

+1(870) 942-5560

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11223 Morningside Drive1300