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1500 Parham Pointe Drive

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Address: 1500 Parham Pointe Dr, Little Rock, AR 72204, USA

Chicago & Midwest + Apartment Buildings

Created date: June 26, 2024

Date last updated: August 26, 2024

Parham Pointe presents a unique opportunity for future ownership to implement a value-add program that could generate rent increases of $150+.
Less than half a mile directly south of I-630 at the intersection of S. Rodney Parham and Kanis Roads, with 119,000 cars passing through daily.
Minutes from the I-630 Medical Corridor, home to over 20 major hospitals and medical facilities and more than 34,000 medical employees.
At one mile east, Parham Pointe is the closest rental community to the Baptist Health Medical Center and its 5,360 employees.
Nearly 19% of the population within one mile of the property works in the healthcare industry, and employment in the Medical Corridor is expected to grow 11% over the next five years.
Two miles from the The University of Arkansas at Little Rock with 1,500 employees and nearly 9,000 medical students (graduate-level).
This central location along I-630 is equally convenient to suburban employers to the west, such as Fidelity Information Systems (1,200 jobs), Windstream (800 jobs), Southwest Power Pool (610 jobs) and Sprint (100 jobs).
Within a ten-minute commute from thousands of white-collar jobs and many large corporate offices located Downtown or in Riverdale.
Major employers located here include Dillard's Corporate Headquarters (2,400 jobs) and Centerpoint Energy (1,600 jobs).
More than 69% of residents within five miles of Parham Pointe work in white-collar jobs, and the average household income is $87k, 16% higher than the average for the the Little Rock MSA.

Property Description

Parham Pointe

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
No. of Units:	184
Year Built:	2003
Opportunity Zone:	No
Property Website	Click Here