First Commercial Represents Little Rock Buyers

First Commercial Real Estate of Tulsa recently represented Georgetown Ventures LLC, the buyers of the Georgetown Apartments at 18 Nottingham Road in Little Rock, in the purchase of the property from the heirs of Will of J. Rogers Badgett Sr. The purchase price for the 156-unit complex was $6.1 million.
The unit mix includes a variety of 1 bedroom/1 bath from 638 SF to 2 bedroom/1.5 bath townhomes at 1,152 SF
The property, with rolling terrain, is fenced and is in Little Rock’s midtown area and across the street from University Mall, which has been announced for redevelopment by Simon Property Group. The 27-acre Simon tract is currently surrounded by a hospital and medical office buildings and will be a mix of retail, office and high-rise residential, once fully developed.
Orion Capital Partners represented the seller and John Volle and Dick Sudduth of First Commercial Real Estate Services represented the buyer.

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