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Arkansas Apartment Buyers5 to 50 unit buildings

Questions owners actually ask

5 to 50 units, statewide. If your building is outside that, I will say so.

What size buildings do you buy across Arkansas?

5 to 50 units. Outside northeast Arkansas, I am not buying single houses, duplexes, or fourplexes. Headlines say under 50 units because that is the size the big funds usually skip.

Do you need a T-12 or rent roll?

Helpful, not required. Leases, a spreadsheet, and bank deposits work too. I will fill in the rest by walking the building.

Do you buy buildings with vacancies or major repairs?

Yes. Vacancies, deferred maintenance, and below-market rents are priced into the offer.

Are you a broker?

No. I am the buyer. There is no commission to me, and there is no lender waiting on the other side of my offer.

Is the cash offer really in 14 days?

That is the aim for a written cash offer after I can walk the building. It is not a closing date. Closing is a separate step at Lenders Title in Jonesboro, on a date that works for you. I am in Arkansas about a week each month, so the walk happens on one of those trips.

Who pays closing costs?

I do not promise that in advance. Lenders Title in Jonesboro prepares the closing statement, and you will see every cost before you sign.

Is there any obligation if I send the form?

No. You tell me about the building. I look at it and make an offer if I can. You can say no.

Do you buy apartment buildings in North Little Rock, Sherwood, or Maumelle?

Yes, if the building has 5 to 50 units.

Do you buy duplexes or fourplexes in Little Rock?

No. In central Arkansas I only buy 5 to 50 unit buildings.

My building is mostly occupied but rents are low. Does that work?

Yes. Low rents are part of what I price in.

Where do we close a Little Rock building?

At Lenders Title in Jonesboro, on a date that works for you. I do not have a Little Rock office. I walk the building on a week I am in Arkansas, about one week each month.

Do you buy buildings near campus with student leases?

Yes. Existing leases transfer at closing, and I take over the turnover cycle.

Which Northwest Arkansas cities do you buy in?

Fayetteville, Springdale, Rogers, Bentonville, and nearby towns, as long as the building has 5 to 50 units.

My building needs a full renovation. Is that OK?

Yes. I price the renovation in so you do not have to fund it.

Where do we close a Northwest Arkansas building?

At Lenders Title in Jonesboro. I walk the building while I am in Arkansas, about a week each month, then we pick a closing date.

What size buildings do you buy in Jonesboro?

5 to 50 units in Jonesboro and nearby northeast Arkansas, including Paragould and Blytheville. Under 5 units, Sell Arkansas Fast is the right place. Over 50 units, send it and I will tell you if I can buy it.

I do not have a clean rent roll or a T-12. Is that a problem?

No. Bring what you have: leases, a spreadsheet, bank deposits. I will work from that and from walking the units.

Do you buy buildings with several vacant or damaged units?

Yes. Vacancies and damage lower the price, but they do not stop the sale.

How is this different from listing with a commercial broker?

A broker markets your building and waits for a financed buyer. I am the buyer. No commission to me, no lender in the middle, and you pick the closing date at Lenders Title in Jonesboro.

Do you live in Arkansas full-time?

No. The business is based at 607 Stratford Dr, Jonesboro. I work the Arkansas market about a week each month, and that is when I walk buildings.

Will you text me?

Only if you check the optional text-message box on the form. It is not required. Message frequency varies, message and data rates may apply, and you can reply STOP to opt out or HELP for help. I do not share mobile numbers.

Arkansas Apartment Buyers

Still have a question?

Call (870) 486-8141. You get me, not a call center.