Fort Smith Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Fort Smith, Arkansas
Fort Smith: In the Spotlight
Fort Smith, Arkansas is located 159 miles from the capital city of Little Rock and is part of the Fort Smith Metropolitan Statistical Area (MSA). The population of Fort Smith is just over 87,000, making it the 2nd most populous city in the State. It also covers just 68 square miles of land. Fort Smith was home to the infamous Judge Isaac Parker, known throughout the region as the “Hanging Judge” for the nearly 80 men he sentenced to hang during his appointment.
- The unemployment rate is around 4.7%.
- The median household income is $41,724.
- The median age in Fort Smith is 36 years old
- Fort Smith employs over 39,000 residents
- Fort Smith has a low vacancy of around 4.3% across all rental properties
- There has been a marginal rent increase, to $707 per month
- The homeownership rate is roughly 50%, which leaves around 50% of residents looking for rental properties.
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Fort Smith Apartment Loan and Multifamily Property Facts
Fort Smith is part of the Arkansas market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
Although 2020 was a difficult time in Fort Smith, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Fort Smith Apartment Loan and Lending Options
In Fort Smith, Arkansas there are several different ways that you can finance your new apartment investment. We work with opportunities like:
Finance Your Fort Smith Apartment Building Now
At Apartment.loans, we specialize in Fort Smith apartment financing for all kinds of needs. We can work with conventional real estate loans, apartment loans, value-add opportunities, stabilized properties, ground-up developments, and more. Plus, we can even help you choose the best options for your investment by investigating your financing options.
We know that as the market gets better, the deals will get scarcer and we know what it takes to find the financing that you need for this market. Whether you’re looking at a value-add opportunity, a standard apartment loan, or another investment entirely, we can help with it all.
To learn more and get started on your new venture, contact our Fort Smith Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.