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2000 West Savannah Drive Ro...

Updated Oct 29, 2024

Natural Capital Acquires The Meadows Of Rogers Senior Citizen Community In Rogers, AR For $5.82M
SOLDMultiFamily

Natural Capital Acquires The Meadows Of Rogers Senior Citizen Community In Rogers, AR For $5.82M

2000 West Savannah Drive Rogers, Arkansas 72758, USA

$5,820,000

Building Size

Asset Type

MultiFamily

Closing

Jul 13, 2023

About this deal

AI

Natural Capital, an investment firm, has acquired The Meadows of Rogers, a senior citizen community in Rogers, AR, for $5.82 million. The eight-acre development consists of 60 two-bedroom, two-bathroom apartments and was built in 2012.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,820,000
  • Address: 2000 West Savannah Drive, Rogers, AR
  • Market: Rogers, AR

The seller of The Meadows of Rogers was Leisure Homes Corp, represented by Tom Embach. Natural Capital, through this acquisition, expands its investment portfolio in the senior citizen community market.

Players

Rogers MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.73%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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