facebook
Traded Co logo
Submit a Deal
16000 Rushmore Avenue
SOLD

Canyon View Capital Acquires Landmark Apartments II LLC For $78.8M

16000 Rushmore Avenue

MultiFamily
clock iconSold 111 days ago
Martin Bynum
Cole Herget
the dealplayerscompscontact
share iconContact now

Summary

Sale
ARKANSAS
MultiFamily

The sale involved Landmark Apartments, a 372-unit multifamily complex located at 16000 Rushmore Avenue in Little Rock, AZ. The property was sold for $78,800,000 with a price per unit of $211,828.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $78,800,000
  • Units: 372
  • Address: 16000 Rushmore Avenue
  • Market: Little Rock, AZ

Cole Herget & Martin Bynum of Cushman & Wakefield served as the brokers in the transaction, facilitating Canyon View Capital's acquisition of Landmark Apartments for $78.8 million. Canyon View Capital purchased the property in two phases, initially acquiring it for $40.3 million in February 2023 and finalizing the transaction with an additional $38.5 million in February 2024.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Martin Bynum's profile picture
Martin Bynum
Cushman & Wakefield-image
Managing Director
$142.1M Sold
Cole Herget's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: 03/25/2024 ADDRESS: 16000 Rushmore Avenue MARKET: Little Rock, AZ ASSET TYPE: Multifamily BUYER: Canyon View Capital SELLER: Landmark Apartments II LLC BROKERS: Cole Herget & Martin Bynum - Cushman & Wakefield SALE PRICE: $78,800,000 UNITS: 372 ~ PPU: $211,828 NOTE: Cushman & Wakefield facilitated the $78.8 million sale of Landmark Apartments, a 372-unit multifamily complex in Little Rock, with Canyon View Capital acquiring the property in two phases for $40.3 million and $38.5 million in February 2023 and February of this year, respectively.

View on map

Loading...

Address16000 Rushmore Avenue

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want