#25017832, Jeremy Miller, Listing Office: Eagle Rock Realty & Property Management

2000 Reservoir Rd Little Rock, AR 72227
Property details
About 2000 Reservoir Rd
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.
Highlights
Summary
- Appliances: Stove, Electric Range, Dishwasher, Disposal
- Flooring Type: Partial Carpet, Tile, Laminate
- Garage Space: 4 spaces
- Parking: Four Car or More
- Architectural Style: Traditional
- Heating: Central
- List Price: $19,000,000
- Price/SqFt: $167
- Annual Tax Amount: $14,222
- Tax Year: 2024
- Directions: Heading North on Reservoir, property on Left.
- Year Built: 1974
- Stories: 2
- Living Area: 113,640 SqFt
- Lot Size: 9.13 Acres
- MLS Number: 24044159
- Office Name: Moses Tucker Partners
- Office Phone: (501) 376-6555
- Office Email: accountspayable@mosestucker.com
- Listing Agent: Zach Saxion
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 7:20:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$19,000,000
2000 Reservoir Rd
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 31, 2019 | Home Sold | $7,250,000 |
Apr 20, 2017 | Home Sold | $515,000 |
Oct 05, 2015 | Home Sold | $3,600,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $203,184 | $14,222 |
2023 | $203,184 | $14,222 |
2022 | $849,400 | $39,298 |
2021 | $510,360 | $35,725 |
2020 | $510,360 | $35,725 |
2019 | $510,360 | $35,725 |
2018 | $510,360 | $30,399 |
History based on county public records data.
Nearby schools
4
McDermott Elementary School
Public District KG-5
0.6 mi
•1200 Reservoir Rd
5
Fulbright Elementary School
Public District PK-5
1.2 mi
•300 Pleasant Valley Dr
4
Terry Elementary School
Public District KG-5
1.4 mi
•10800 Mara Lynn Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,436. Most Little Rock, AR residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 2000 Reservoir Rd
The listing price of 2000 Reservoir Rd property is $19,000,000.
The property 2000 Reservoir Rd is a condo located in Little Rock, Arkansas, 72227.
Active Listing: 2000 Reservoir Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2000 Reservoir Rd are: McDermott Elementary School (GreatSchools Rating 4/10), Fulbright Elementary School (GreatSchools Rating 5/10), Terry Elementary School (GreatSchools Rating 4/10), Lisa Academy (GreatSchools Rating 6/10), Forest Heights STEM Academy (GreatSchools Rating 8/10), Arkansas Virtual Academy Jr (GreatSchools Rating 3/10), Lisa Academy High School (GreatSchools Rating 7/10), Little Rock Hall Steam Magnet High School (GreatSchools Rating 3/10), Parkview Magnet High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $14,222 (source: MLS/based on county public records data).
The last sale was on December 31, 2019 for $7,250,000 (source: MLS/tax record).
The property at 2000 Reservoir Rd has 0 bathroom.
The property 2000 Reservoir Rd is 113,640 SqFt (source: MLS/tax record).
The year of construction for 2000 Reservoir Rd is 1974.
This home is located at 2000 Reservoir Rd in Little Rock, AR and zip code 72227 in the Reservoir neighborhood. This 113,640 square foot home, which was built in 1974, sits on a 9.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $19,000,000.
In April 2025, from all listings sold in Little Rock, AR there were more than 22 sold above asking price, over 115 sold below and more than 47 were sold right at the asked price. The number of listings in Little Rock, AR increased by 12.9% between March and April 2025. While the average time on the market in April 2025 was 52 days, the median list price was $261,325.