Balfour Beatty Communities and Kansas City-based Block Multifamily Group have jointly acquired the Ranch at Pinnacle Point, a 392-unit multi-family community in Rogers, Ark.
As part of the joint venture, Balfour Beatty Communities will deliver comprehensive asset management services and Block Multifamily will perform all property management services.
Ranch at Pinnacle Point is made up of one-, two- and three-bedroom units that range from 650 to 1,350 square feet. The apartment homes boast walk-in closets, washer/dryer connections, fireplaces, a balcony, deck or patio and garage parking.
Community amenities include a pool, fitness center, billiards room, movie theatre, business center, clubhouse, dog park and a sand volleyball court.