4650 N State Hwy 7 • Hot Springs Village, AR 71909

Year Purchased: 2022
Purchase Amount: $3,900,000.00
Equity: $2,245,000.00

Village Plaza was purchased in May 2022 and is a 50,609 square foot multi-tenant neighborhood shopping center located in Hot Springs, AR. Built in 1998, the property is anchored by a Dollar Tree and boasts a strong group of e-commerce resistant tenants, including several popular restaurants. The center was 85% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.