Sold

10800 KANIS Road

Little Rock AR, 72211

$4,510,000


$92.89 per sqft

Sold

48,552 sqft

Commercial

Built in 1998

Property is on Auction at Ten-X.com. Please click on the link provided in Agent Remarks for more details and to register for the Auction on March 14th -16th. The Property is Situated less than one mile from Shackleford Crossings Shopping Center, Arkansas Heart Hospital, and Baptist Health Medical Center Little Rock. Ideally located in the Little Rock MSA, proximate to all regional demand, including the University of Arkansas and UAMS Medical Center, Clinton Presidential Center, the State Capitol, and Bill and Hillary Clinton National Airport. Property is proximate to the Interstate 430 & Interstate 630 interchange, with upwards of 100,000 vehicles passing the location daily. Rare opportunity to purchase corporate-owned ESA assets amidst their first public marketing of properties since the +$6B portfolio acquisition in June 2021. Extended stay economy product is widely revered as recession-proof and remains a favorite investment sector amidst private and public investors. Extended stay economy product has also vastly outperformed all other lodging sectors in recent years, with particularly robust growth amidst the COVID recovery. See Agent Remarks for more details

23005630

MLS ID

February 1, 2023

Listed

April 12, 2024

Updated

Map

10800 KANIS Road
Little Rock AR, 72211

Interior Features

Floor Description

Other (see remarks)


Fireplace

No


Cooling

No


Cooling Description

Other (see remarks)


Heating

No

Exterior/Building Features

Lot Size

2.76 Acres


Lot Features

Other (see remarks)


Architectual Style

Contemporary, Other (see remarks)


Roof

Other (see remarks)

Other Property Details

Area Name

LIT - WEST LITTLE ROCK (NORTHWEST)


Taxes

$34,402


Tax Frequency

Annually


Garage

No


View

No


Pool

No

Listing History

Date

Event

Price

5/24/2023

Price Change

$4,510,000

2%

5/24/2023

Sold

$4,510,000

Courtesy of Capital Real Estate Advisors, Sergio Convers

Listing Contact: 501-266-0007 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of the Cooperative Arkansas REALTORS Multiple Listing Services. Real estate listings, held by brokerage firms other than Jon Underhill Real Estate, are marked with the Broker ReciprocitySM 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.

The broker operating this web site believes the data here to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Neither listing broker(s) nor Jon Underhill Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.

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Data last updated 4/12/2024, 7:58 PM UTC.

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