The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the sale of Sherwood Park in North Little Rock. Paul Yazbeck represented the seller, and Chase Davis procured the buyer.
Sherwood Park Apartments has 242 units. Floorplan options include 1-2/bed and 1-1.5/bath ranging in size from 430 to 880 square feet. More than half are two-bedroom units, and the property has seven available floorplans, some of which include townhome options. Units include walk-in closets and vinyl flooring.
Constructed from 1975-1977, Sherwood Park includes amenities such as a package service, a laundry facility, storage space, a swimming pool, a playground, and picnic tables. The community is pet-friendly.
North Little Rock sits directly across the Arkansas River from Little Rock. While quaint bakeries and art galleries still feature the city’s former name of Argenta, North Little Rock has reclaimed its title of “artistic community,” filled with local culture, arts, and music. Residents enjoy a variety of entertainment, including hiking the Arkansas River Trail, having family fun at Burns Park Funland, and enjoying a play at the Argenta Community Theater. North Little Rock incorporates humor into the scenic forestry, including attractions such as the Big Dam Bridge, a favorite for pedestrians and cyclists. Residents and visitors can venture by trolley through NLR’s historic downtown, over the river into Little Rock’s downtown River Market, which offers passengers a view of American Southern history and thriving modern nightlife.
Recent transactions for The Multifamily Group in July include The Regency Apartments in Paris, Texas; Mountain Creek Lots in Dallas, Texas; and the Heatheridge Assisted Living in Tulsa, Oklahoma.
The Multifamily Group is a commercial real estate brokerage firm focused exclusively on clients and helping them market, sell and acquire multihousing assets. Based in Dallas, Texas, investors look to The Multifamily Group for one thing – results.
