$1,424 Closing Credit¹
#25007413, Robert Richardson, Listing Office: Crye-Leike REALTORS Kanis Branch
#24044159·
Listing office: Moses Tucker Partners·
Listing agent: Zach Saxion·
Listing office phone: 501-376-6555
$19,000,000 List price
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
- 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: 4/27/2025, 3:20:48 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
$19,000,000
2000 Reservoir Rd
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Seller rebate
0.5% sale price²
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. The majority of Little Rock, AR residents have income less than $<35k annually. Most 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 Wrestling
Pro Boxing
Figure Skating
Where do the neighbors shop?
Burlington
Family Dollar
Express/Express For Men
Where do the neighbors go to eat?
Cicis Pizza
Popeyes
Church's Chicken
What do the neighbors drive?
Pontiac
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2000 Reservoir Rd
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 March 2025, from all listings sold in Little Rock, AR there were more than 17 sold above asking price, over 126 sold below and more than 52 were sold right at the asked price. Between February and March 2025, Little Rock, AR real estate market has seen increase in the number of listings by 17.1%. In March 2025 median list price was $250,000 and the average listing age was 102 days.
From Rocket Homes Real Estate and based on county public records data.