Demand For Multifamily Real Estate Holding Strong In Northwest Arkansas

December 1, 2022

Development

Demand For Multifamily Real Estate Holding Strong In Northwest Arkansas

NWA Daily

While slower than 2021's market, this year's demand for multifamily residential properties has held firm. 

  • Crunching the numbers: Thirty-two multifamily trades occurred across Northwest Arkansas during the first ten months of 2022, totaling $280m and reaching an all-time high average unit price of $139,742. 
  • Drawn by growth: The article credited the increase in multifamily investments to the area's booming economy, strong population growth, and increasing rent rates.  

Read the full article on Talk Business & Politics HERE

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