Rogers, Arkansas
2021 vintage class A apartment complex in Rogers, Arkansas ( ranked top 7 best places to live in the US). Also ranked as Top 5 Fastest growing population in the US, average growth rate is 20%. Pinnacle Heights is currently at 96% occupancy. Within 10 miles of Fortune 500 employers, retailers and outdoor recreation. Located in the leading Arkansas submarket, 7 miles from Walmart’s Headquarters. $179,000 one mile Median Household Income. Purchasing at up to a $40,000 per unit discount. Loan Assumption: Fixed low-rate agency debt at 3.49% with 38 years of term remaining.
PROJECTED INVESTOR RETURN
100% 5 year Total Return
7% Avg. Annual Cash Flow
20% Avg. Annual Return
16% IRR
OFFERING SUMMARY
Purchase price: $77,000,000
Estimated Equity Raise $37,000,000
