Value-add, 813 Units, Built 1989, 1986 & 1978 | Little Rock MSA
The Arkansas 3 Portfolio consists of three properties totaling 813 units – Overbrook, Indian Hills, and South Oaks. This portfolio provides an opportunity to gain immediate economies of scale by acquiring three high-quality, value-add opportunity assets in Arkansas’s largest metro. The Metro Little Rock area has seen stable occupancy and rent growth. This enables an investor to capture the increasing demand for enhanced living by implementing a modern, value-add program with an estimated $165 upside per unit average over current effective rents.