Ozark Villas Apartments Sell for $39M (NWA Real Deals)
A Minnesota real estate company bought the Ozark Villas apartment complex in Fayetteville for $39 million.
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A Minnesota real estate company bought the Ozark Villas apartment complex in Fayetteville for $39 million.
The complex was anchored by the logistics company Transplace of Frisco, Texas, which opened a new 150,000 office for its Arkansas operations in August 2021.
Jim Moll may not be the smartest man in Springfield, but the Hanson Professional Services engineer sounded like it during a public meeting held last week to discuss progress on a rail line under construction along 10th Street. The new line will replace tracks along Third Street. Moll's been in charge of the $353 million project for more than a decade, and he says it's on time and on budget. The feds gave the green light in 2012 and have paid millions of dollars since then to make it happen – there remains a $60 million gap, Moll says, but he's confident that the money will come. He seem...