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3/8/2017

Fayetteville apartment community near I-49 sold for $32.68 million

By Paul Gatling
TBP

Little Rock investors bought a Fayetteville multifamily development for $32.68 million last week, the second eight-figure purchase of a Fayetteville apartment complex in the span of six days.

Multifamily management company BSR Trust is the new owner of the 360-unit Mountain Ranch apartment complex at 549 N Coral Canyon Loop.  The purchase price equals $90,782 per unit at the Class A development just south of the Wedington Drive/Interstate 49 exit.

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