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Ascent Residential Sells 216-Unit Multifamily Property in Little Rock

One of the Few Class A Conventional Multifamily Properties in the Area Trades for $33.5 Million
Cushman & Wakefield and Greystone arranged the sale and  loan assumption for Pinnacle Park at Chenal Valley, a 216-unit multifamily community located in Little Rock, Arkansas. (CoStar)
Cushman & Wakefield and Greystone arranged the sale and loan assumption for Pinnacle Park at Chenal Valley, a 216-unit multifamily community located in Little Rock, Arkansas. (CoStar)
By Faven Matheos
August 12, 2022 | 6:56 P.M.

A pair of entities related to Alabama-based Ascent Residential sold the 216-unit Pinnacle Park at Chenal Valley multifamily complex in West Little Rock's affluent Chenal Valley area. The rental apartments sold for $33.5 million as part of a 1031 exchange sale. 

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