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Reservoir Multifamily Home for Sale

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    $19,000,000

    • Studio
    • 113,640 Sq Ft

    2000 Reservoir Rd, Little Rock, AR 72227

    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,

    Zachary Saxion Moses Tucker Partners

    2000 Reservoir Rd, Little Rock, AR 72227

Why Live in Reservoir

Reservoir in Little Rock is a suburban neighborhood known for its affordability and proximity to Downtown Little Rock, which is just 6 miles southeast via North Rodney Parham Road and Interstate 630. The area features single-family homes and townhouses from the 1960s to 80s, with styles including traditional and Tudor. Home prices are generally lower than in West Little Rock, with two-bedroom townhouses ranging from $180,000 to $290,000 and three-bedroom townhouses from $330,000 to $450,000. The neighborhood is rich in green spaces, though Reservoir Park is currently closed due to tornado damage. Echo Valley and Colony West neighborhoods offer private parks with amenities like tennis courts, swimming pools, and playgrounds. Dining options include vegan dishes at Curry House Indian Kitchen and New American cuisine at Trio’s, while shopping needs are met by retailers like T.J. Maxx and the Antique & Vintage Gallery. The Rock Region METRO provides bus service along North Rodney Parham Road, and residents can reach Bill and Hillary Clinton National Airport, 11.5 miles east, via Interstate 630. Entertainment options within 9 miles include the William J. Clinton Library and Museum, the Arkansas Museum of Fine Arts, and the Robinson Center for live performances.

Home Trends in Reservoir, AR

Housing Trends

Median Sale Price
$472,400
Median Single Family Sale Price
$489,000
Median 2 Bedroom Sale Price
$391,000
Median 1 Bedroom Sale Price
$713,000
Average Price Per Sq Ft
$251
Number of Homes for Sale
8
Last 12 months Home Sales
47
Months of Supply
2.00
Median List Price
$505,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
20%
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