The Fitzroy Grove

About The Fitzroy Grove

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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Fitzroy Grove, a 250-unit, 2022-built Class A apartment community in the Northwest Arkansas MSA — one of the fastest growing markets in the Sunbelt. The property sits in the prestigious Pinnacle submarket of Rogers, Arkansas, the premier live-work-play hub of the MSA, offering residents direct access to the region's largest employers, top retail destinations including Pinnacle Hills Promenade, entertainment venues such as the Walmart AMP, and the MSA’s outdoor recreation network, highlighted by the Razorback Greenway trail system. Northwest Arkansas is home to Walmart — the nation's largest retailer and Fortune #1, recently crossing the $1 Trillion market cap threshold, joining an elite group. Walmart has fully delivered its new global headquarters campus in Bentonville, less than 6 miles from the asset, consolidating approximately 15,000 corporate employees. The Fitzroy Grove also sits within a 15-mile radius of Tyson Foods and J.B. Hunt Transportation, two additional Fortune 500 headquarters that anchor the regional economy.

The Fitzroy Grove comes to market through a Chapter 11 bankruptcy sale, presenting a rare opportunity to acquire an institutional-quality Class A asset at a significant discount to replacement cost — a true reset basis that would not otherwise be available. The underlying real estate is intact, with top-of-market unit finishes, a full amenity package, and a Pinnacle submarket location that continues to command the highest rents in the MSA. The next investor inherits a clear, quantifiable path to NOI recovery — concessions burnoff and mark-to-market on lease rollover — on a fully amenitized 2022-vintage property requiring no physical renovation.