The Summit at Valley Heights
Multifamily | 232 Units
Marketing description
The Summit at Valley Heights presents a unique opportunity to acquire a stabilized, value-add multifamily asset in the heart of North Little Rock. This beautifully landscaped, family-oriented walk-up community offers immediate income generation with long-term growth potential. Investors will benefit from attractive, accretive assumable financing and operational upside through improved third-party management. The Summit at Valley Heights includes a partial HAP contract, and the portfolio offers significant rental upside due to strong Housing Choice Voucher penetration.
The asset is positioned for enhanced performance through strategic management and thoughtful capital deployment. It represents a rare multifamily investment opportunity in a market with limited supply.
Investment highlights
- Assumable Fannie Mae debt at 4.15%; matures in 2032
- Professionally managed with on-site maintenance and management
- Both properties received a full interior & façade renovation in 2019
- Each property features community amenities such as a clubhouse, resident lounge, courtyard, playground, laundry facilities, and surface parking
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