New Offering: 210-Unit Asset Featuring Strong Value-Add Opportunity in North Little Rock

Download Offering Materials: Augusta Place

Capstone Companies is pleased to present Augusta Place: a 1973 vintage, 210-unit garden-style community in Little Rock, AR. Augusta Place is conveniently located in the North Little Rock submarket, where residents can easily access all of Little Rock’s premium retail, amenities, and major employers. The property has already undergone significant CapEx, allowing new ownership to focus on pushing rents and building on a value-add program supported by the market. Additionally, new ownership will benefit from Little Rock’s robust employment, economic demand drivers, and multi-family market fundamentals.

Investment Highlights
Significant CapEx Spent on Property
Ideal Value-Add Opportunity
Opportunity to Recapture Water and Sewer Expense
Ideal Location Near Local Demand Drivers
Ideal Multi-Family Market Fundamentals

 

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