- Strong In-Place Operations & Above-Market Day One Yield
- Fantastic Central Little Rock Location – Ideal for Workforce Tenant Base
- Proven Value-Add Upside through Cosmetic Unit Renovations
- Very Attractive Basis – Well Below Current Replacement Cost
- Extremely Convenient Access to the Entire Little Rock Market
- Offered Free & Clear of Existing Debt
Strong In-Place Operations & Above-Market Day One Yield
Normandy Place offers consistently high occupancy and very strong in-place operations – allowing new ownership to generate extremely strong day one cash flow. Going forward, as the new owner continues to capitalize on the proven value-add business model, they will see outsized cash returns as rental income continues to grow.
Fantastic Central Little Rock Location – Ideal for Workforce Tenant Base
Normandy Place is uniquely positioned in the Midtown submarket of Little Rock, providing tenants easy access to the major job centers throughout the MSA. A short 10-minute drive downtown and only minutes from I-630 and I-430, residents at Normandy Place can be anywhere in Little Rock in 20 minutes.
Proven Value-Add Upside through Cosmetic Unit Renovations
Normandy Place offers cosmetic value-add upside across nearly 100% of the units, giving a new investor the opportunity to achieve significant rent premiums after a very light interior modernization (paint, fixtures, appliances, & countertops).