Shorter college gardens
800 N Beech Street
NORTH Little Rock, AR 72114
188
Units
1967
built
770
SF AVG
Unit Size
Investment Highlights
01
Attractive Basis
Shorter College Gardens is available through a lender-controlled sale at an attractive $24K+/- per door.
02
Path to Renovation
The property is fully vacant, allowing new ownership to realize a faster timeline to renovating units. Projected capital needs are in the low $20K range per door to renovate and stabilize.
03
Community Investment
Shorter College Gardens is located less than 1 mile from the downtown historical Argenta Arts District of North Little Rock, where there is limitless shopping, dining, and entertainment. The District is part of the Main Street America initiative, which champions quality of living and strong communities, creating a prime high-growth location driving strong tenant demand and lasting value.
04
Process
The property is listed at $4.5M and ownership will consider offers as they are received. Interested parties must tour the asset by scheduling through Berkadia.
LOCATION
Contact Us
Memphis Office Address:
2320 S Germantown Road, 2nd Floor
Germantown, TN 38138
Investment Sales
Patrick Jordan
Managing Director
901.425.1828
[email protected]
AR License #PB00079371
Ben Parrish
Director
901.425.1829
[email protected]
TN License # 366891
Kyle Stevenson – Special Situations Lead
Senior Managing Director
786.646.2591
[email protected]
FL License #BK3472655
Larissa Isenberg – Special Situations
Associate Director
602.997.3817
[email protected]
AR License #SA00092444
Shorter college gardens
800 N Beech Street | North Little Rock, AR 72114
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
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