Camden Apartment Complex
Multifamily | 120 Units | $45,833/unit
Marketing description
Fox Creek Camden is a 120-unit garden-style apartment community located in Camden, Arkansas, currently undergoing a full-scale renovation and repositioning.
The property is 100% vacant and in mid-renovation, with 4 buildings nearing completion and approximately 13 buildings remaining. This presents a clear opportunity for an investor to complete renovations and execute a lease-up strategy.
The unit mix consists of one- and two-bedroom apartments, well-positioned to meet strong local rental demand driven by major defense contractors in the area. Additionally, nearby hotels frequently operate at full occupancy, further highlighting the need for quality housing in the market.
Situated on 9.69 acres and located within an Opportunity Zone, the property offers significant upside potential and possible tax advantages.
The site also includes an additional single-family structure in poor condition, providing optionality for demolition or redevelopment as part of the overall business plan.
Investment highlights
- 120 Units | 17 Buildings | 9.69 Acres
- 100% Vacant – Full Lease-Up Opportunity
- Renovation in Progress (4 Buildings Near Completion)
- Significant Value-Add / Repositioning Potential
- Strong Demand Drivers from Local Defense Contractors
- Limited Housing Supply – Hotels in Area Sell Out Regularly
- Located in Opportunity Zone
- Garden-Style / Walk-Up Community
- Additional Upside via On-Site Structure (Redevelopment or Removal)
- Asking Price: $5,500,000
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