Little Rock, AR

The Center of Southern Industry

 

Why Should I Invest in Little Rock Real Estate?

The Arkansas state capital, once known solely for its agriculture, has steadily grown into a hub of industry, engineering, and yes—real estate investment. With a metro population of over 1 million, Little Rock is a sleeping giant of passive investment potential.

Memphis Invest works with 2,000+ investors across 7 investment markets (and counting). Hand-selected for long-term buy-and-hold investment potential, learn why Little Rock is among our key markets for turnkey real estate investors below.

The Little Rock real estate market benefits turnkey investors by several key indicators. Through insightful leadership, the Little Rock economy has flourished and expanded. Overall market stability is increased with access to local, state, and federal government jobs.

The affordability of the market attracts both population growth and makes it accessible for real estate investors. Though inventory has been squeezed, turnkey investors can easily navigate the market with Memphis Invest. Our dedication to service, attention to detail, and customer experience have helped thousands of investors build successful passive investment portfolios.

Related Article: Little Rock, AR: Exploring Investment Opportunities & Economic Growth

 

Little Rock At-A-Glance

1.1 Million

Metro Population

115

US City Population Rank

43.8%

Renter Population

$77,254

Mean Household
Income

$135,000

Memphis Invest
Avg. Home Price

$1,100

Memphis Invest
Avg. Monthly Rent

 

Economics of Sustainability

Little Rock’s active and ambitious Chamber of Commerce has led to over $2.5 billion in economic development in the past 25 years, crafting a business-friendly environment through strong tax incentives. Commercial development has also kept the Little Rock economy buzzing, with shopping attractions exploding in growth in 2015 and onward, leading to a surge of both commercial and residential development.

At the heart of Little Rock’s economic strategy is sustainability. With record-low unemployment, rising wages, and an increase in consumer spending, Little Rock fosters an environment of stable economics through policy and the private sector.

Government Jobs Stabilize the Market

The advantages of the Little Rock market are similar to that of Oklahoma City in that, being a capital city, its access to a wealth of government jobs means that there is stability to the job market. These jobs will never evaporate in economic crisis, as there’s little that can “crash” government jobs.

When we look at the breakdown of top employers in Little Rock, we see that the government tops the list:

  • State Government (35,200)
  • Local Government (26,500)
  • Federal Government (10,200)
  • University of Arkansas for Medical Sciences (9,100)
  • Baptist Health (6,590)
  • Little Rock Air Force Base (4,500)
  • Arkansas Children's Hospital (4,000)
  •  

The Geography of Opportunity

Part of Little Rock’s appeal has to do with its ideal location. The city is central to the country, so it has ideal access to a robust 40 percent of the nation’s population and, subsequently, its buying power, within a 550-mile radius. For a city that has a strong rail, interstate, aerospace, and port presence, that means that Little Rock has an intermodal network with access to some 100 million people.

Little Rock, Arkansas rests in unique geography, central to the country and accessible by every major manner of transportation, which poses the market as a regional power player in industry, export, and trade.

Though Arkansas was and is still largely an agricultural state, efforts to develop and industrialize Little Rock lead to the emergence of many manufacturing, healthcare, and service industries. More recently, biotechnology research has been a growing industry in the market as well. However, Little Rock’s largest export remains air and spacecraft—bringing in hundreds of billions in revenue each year.

Revitalization and Real Estate

Beyond the promise of Little Rock’s economic strength is the city’s revitalization efforts. The downtown area has seen aggressive revitalization over the last twenty years that have effectively doubled the market for retailers, manufacturers, services, and other industries. Even with revitalization efforts bringing in a swath of new businesses, jobs, and residents, Little Rock real estate is among the most affordable in the nation.

This is one of the primary benefits of the Little Rock market. With a 43.5 percent renter population, real estate investors have the opportunity to capitalize on the steady, modest growth under leadership that has long kept its focus on long-term sustainability for the city as a whole.

 

Ready to learn how to get started with Memphis Invest?

Schedule a call with a Portfolio Advisor to learn more!

 

Schedule A Call

 

The Sights and Sounds of Little Rock

Sitting on the banks of the Arkansas River, Little Rock is renowned for many things including its charming hospitality, history and culture. Ranked as one of the most affordable places to travel in the U.S., the city offers a wide variety of entertainment, history, and activities for all ages.

History & Tourism

Affordability and the huge variety of attractions are what bring people to visit this area. In terms of history, Little Rock hosts some famous sites including the  Little Rock Central High School National Historic Site, Historic Arkansas Museum, Old State House Museum, Mount Holly Cemetery and MacArthur Museum of Military History. Visitors that loves the arts and culture flock to locations such as the Arkansas Arts Center, in which they can see both traveling exhibitions and what is described as an “exception permanent collection of works on paper”

The outdoors activities and sites bring a lot of attention to this state capitol. From the abundance of parks in the area to the city’s location within reach of major historic trail sites, Little Rock has the outdoor lovers covered. In close proximity to the Arkansas Heritage Trails System, many visitors love to go explore the following historical trails:

  • Butterfield Overland Trail
  • The Southwest Trail
  • The Trail of Tears
  • The Little Rock Campaign of the Civil War
 

Little Rock Resources

 

Explore Other Turnkey Markets

 

Let's Go!