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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27844225
27844232

5000 Summertree Dr, North Little Rock, AR 72116

RF
AR SA00992661
​Moses Tucker Partners
GF
AR SA00082124
​Moses Tucker Partners
CM
AR SA00052521
​Moses Tucker Partners
Listed by ​Moses Tucker Partners
$11,900,000
221 days on market
Updated 2 days ago

The Summit at Valley Heights

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 199,208
Net Rentable (SqFt) 199,208
Units 232
Year Built 1978
Year Renovated 2003/2019
Buildings 24
Stories 2
Acreage 16.700

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

Listing Contacts

RF
AR SA00992661
​Moses Tucker Partners
GF
AR SA00082124
​Moses Tucker Partners
CM
AR SA00052521
​Moses Tucker Partners
Listed by ​Moses Tucker Partners

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Additional Information

Name
Ridge Fletcher
License
SA00992661
Name
George Friedmann
License
SA00082124
Name
Chris Moses
License
SA00052521
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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