The Irene
Single Family
3
2
1250
Sqft
2023
$176,000
Purchase Price
$1,395
Rent / Mo
0%
Refinance Candidate
Property Leverage
612 West 23rd Street, North Little Rock, AR 72114
About
The Irene is a three-bedroom, two-bathroom home in North Little Rock, Arkansas. Completed in 2023, the home features an open floor plan with living and dining spaces overlooking the kitchen. Outside, the home features upgrades like a covered porch and two car garage. Located in a quiet section of North Little Rock, The Irene is near a thriving community garden program, a public library system, and several dining and entertainment options.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Little Rock, AR
Little Rock is Arkansas's capital and largest city. It has a population of just over 200,000 and serves as the state's economic, cultural, and political hub. The economy of Little Rock is diverse and driven by various industries, including healthcare, government, education, transportation, and manufacturing. It's home to several major employers, including the University of Arkansas for Medical Sciences, the Arkansas Children's Hospital, and the Little Rock Air Force Base. Little Rock is known for its vibrant cultural scene, with countless museums, galleries, and performing arts venues, including the Arkansas Arts Center, the Clinton Presidential Library, and the Robinson Center. The city's location in central Arkansas makes it a major transportation hub, highlighted by the Port of Little Rock, the Bill and Hillary Clinton National Airport, and access to Interstate 30 and 40. Overall, Little Rock offers a unique combination of economic, cultural, and transportation advantages, making it an attractive market for businesses, families, and investors.
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$215,600
Invested
100%
Funded
300
Investors