$19,000,000

2000 Reservoir Rd Little Rock, AR 72227

113,640 sqft
9.1 acres
$167 / sqft
Condo

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

Home typeCondominium
HeatingCentral
StatusActive
Size113,640 sqft
Lot size9.13 Acres
Year built1974
ParkingFour Car or More
MLS #24044159
Garage4 spaces

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

IDXThe 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.

Get an agent. Get a mortgage. Save big.¹

2000 Reservoir Rd, Little Rock, AR 72227 - map

$19,000,000

2000 Reservoir Rd

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

62%
<35k
25%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
19%
Single, with Kids
13%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
34%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • PontiacPontiac
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

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.

From Rocket Homes Real Estate and based on county public records data.

More resources