CLK Properties Acquires Multifamily Asset In Jonesboro AR For $13.57 Million

The transaction involved a MultiFamily asset located in Jonesboro, AR. CLK Properties acquired the property for $13,566,000. The asset includes 130 units, with a total square footage of 126,720, resulting in a price per unit of $104,353 and a price per square foot of $107.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $13,566,000
• Buyer: CLK Properties
• Broker Representatives: Jonathan Brody & Michael Schattner - Base Realty Group
• Units: 130
• Square Footage: 126,720
• Price Per Unit: $104,353
• Price Per Square Foot: $107

Broker representatives Jonathan Brody and Michael Schattner from Base Realty Group facilitated the transaction on behalf of the buyer, CLK Properties, marking a significant deal in the Jonesboro real estate market.