FORT SMITH, Ark. — New owners of a 129-unit apartment complex in Fort Smith are going to renovate the property.
Southbrooke Fort Smith LLC recently bought the complex for $5.7 million, said Joshua Harmon of Harmon Real Estate Co. of Fort Smith. Harmon and Dr. Adebayo Fasanya of Fort Smith are the lead general partners of the project.
Southbrooke also raised $2.1 million in equity, according to its filing with the U.S. Securities & Exchange Commission.
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