The Fountain At Maumelle LLC & HSGC Holdings II LLC Acquires Multifamily Property In North Little Rock, AR For $68M

The Fountain at Maumelle LLC & HSGC Holdings II LLC have acquired a multifamily property located at 10801 Paul Eells Drive in North Little Rock, AR. The property consists of 432 units, with a price per unit (PPU) of $157,407. The total sale price for the transaction was $68,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $68,000,000
• Units: 432
• PPU: $157,407

The seller of the property was Burkhalter Commercial Group LLC. The transaction took place on 05/22/2023 in the North Little Rock market.