- Located in Little Rock, Arkansas, the 260-unit apartment community was built in 2005 and has an average unit size of 962 square feet. Occupancy is 95%, with average monthly effective rent of $926. NYSE:IRT closed on the purchased yesterday.
- It's more business for RAIT Residential (RAS) which will provide property management services.
- Source: Press Release
Independence Realty makes $31.6M Arkansas purchase
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| Symbol | Last Price | % Chg |
|---|---|---|
| IRT | - | - |
| Independence Realty Trust, Inc. | ||