Habberton Ridge

Habberton Ridge is a 144,806-square-foot, Class A multifamily investment opportunity located in Springdale, Arkansas. Built in 2020, the property comprises 98 units with an average unit size of 1,478 square feet, offering spacious layouts in a highly desirable market.

Occupancy stands at 95%, with in-place rents averaging $1,547, slightly below market rents of $1,568, presenting a 1.4% rent growth potential. The stabilized NOI is $1,303,288, supported by strong operational performance and a T12 NOI of $1,127,559. Situated on 13.06 acres, Habberton Ridge benefits from its prime location in Springdale, a rapidly growing submarket in Northwest Arkansas.

The property is strategically positioned near major employment centers, retail corridors, and transportation infrastructure, ensuring sustained tenant demand. With no lease rollover risk and robust occupancy, this asset offers investors immediate cash flow stability and long-term upside through rental rate adjustments to market levels. This investment represents an exceptional opportunity to acquire a modern multifamily property in a thriving market with strong fundamentals.