Details of the Deal:
- Seller: HUD Auction
- Buyer: A Block Funds Sponsored Investor Group
- Location: Interstate 540 at the Northwest corner on the Main Drive Intersection in Johnson Arkansas.
Block Funds completed the purchase of The Woods in only 28 days. The investment group was led by Kenneth G. Block, Managing principal of BRES and Block Funds.
The Woods will be managed by BRES' multifamily division, Block Multifamily Group (BMG).
Click here for BMG and Block Funds Investment team if you are interested in future multifamily purchases.