At Avison Young Hospitality Group, our focus is exclusively on hotels. However, one of our hotel clients has requested that we sell his housing portfolio to free up equity for expanding his hotel brand and portfolio.
This offering is located in Benton, Arkansas, a suburb of Little Rock. It includes 96 single-family houses, 116 multi-family housing units, and 1 storage building consisting of 43 individual rentable units. The single-family houses are individual homes, while the multi-family portfolio consists of 92 apartments, along with duplexes, triplexes, and cottages. All properties are situated within a 5-mile radius in Benton, AR. The portfolio boasts nearly 100 percent occupancy and generates approximately $200,000 in rental income per month, with an annual net cash flow of $1.6 million to $1.7 million after expenses. The offering includes staff, and the leasing office can be purchased for a reasonable amount if desired. The asking price is $23M, presenting a unique investment opportunity with significant upside potential.