Augusta Place

Augusta Place

North little rock, AR
Available
  • Property Type: Apartments
  • Year Built : 1973
  • Property Size: 138,512 SF / 210 Units

Overview

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

Contact Information

David Dirkschneider Managing Director P: 405.514.0340
O: 800.746.3175 ext. 744
davidd@capstone-companies.com
Chris O'Hare Investment Sales Advisor P: 918.812.9681
O: 800.746.3175 ext. 713
cohare@capstone-companies.com
Mike Marrara Director P: 918.230.3875
O: 800.746.3175 ext. 745
mmarrara@capstone-companies.com
William Forrest Managing Director P: 405.210.3298
O: 800.746.3175 ext. 746
wforrest@capstone-companies.com
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