This is our current investment opportunity! Watercolors Of Centerton is a 376-unit, Class A apartment community located in Centerton, AR (Northwest Arkansas).
Commonly dubbed "Vendorville," Northwest Arkansas has been exploding with growth!
The property is located 3.3 miles from Walmart’s new "Apple-Like" Headquarters. The area is not limited to a sole anchor employer with Walmart but also home to two other Fortune companies- Tyson and JB Hunt. It also houses the University of Arkansas and has become home to secondary offices for companies like Proctor & Gamble and Nestle.
Watercolors is a luxury community that provides residents with an array of upscale amenities which include a year round golf simulator, a swimming pool, fitness center, business center, and more!
The community comprises three different phases. Phase I & II were completed in 2018 totaling 232 units while Phase III has an expected completion date of June 2023. These will be purchased at the same predetermined purchase price of $194K/door as Phase I & II.
Phase I & II: 232 units, Built in 2018
Phase III: 144 units, Under Construction
Total: 376 units