CLK Properties Acquires Multifamily Asset From Meadows Properties In Cabot For $40M

The asset involved in this transaction is a multifamily property located at 706 South Pine Street in Cabot, AR. The transaction was completed for a total price of $40,000,000. The property encompasses an area of 332,432 square feet, resulting in a price per square foot of $120.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $40,000,000
• Address: 706 South Pine Street
• Market: Cabot, AR
• Square Footage: 332,432
• Price Per Square Foot: $120
• Buyer: CLK Properties
• Seller: Meadows Properties
• Broker Representatives: Jonathan Brody, Ari Sokol & Michael Schattner - Base Realty Group

The transaction was facilitated by broker representatives Jonathan Brody, Ari Sokol, and Michael Schattner from Base Realty Group, who played a critical role in connecting the buyer, CLK Properties, with the seller, Meadows Properties.