1485 Country Club Road | Camden, AR 71701 Largest Apartment Complex in Camden, AR Fox Creek is the largest apartment complex in Camden, AR with 120 units consisting of 44 one-bedroom and 76 two- bedroom floor plans averaging a generous 907 square feet in size. Occupancy is currently at 62% and trending upward after seller cleaned house of problem management staff and tenants. A majority of the roofs were replaced in 2020, where needed, and half of the units have had a light rehab completed which include faux wood flooring in wet areas and on first floor units, updated brushed nickel fixtures, appliances and fans. Owners can add value by completing remaining classic units with an organized rehab program of two-toned paint, refreshed kitchen of new cabinet faces (or painted cabinets), resurfaced counters, color coordinated appliances, new ceiling fans, quality light and plumbing fixtures. Community also has open spaces which can accommodate lacking amenities (barbeque/gathering area or playground). The market supports rent over $100/month more than where they are currently. Camden Major Employers Camden is home to many defense companies specializing in the manufacturing of both small and large-scale munitions which include General Dynamics, Lockheed Martin, Aerojet and Raytheon to name a few. The defense sector in the Camden MSA is a $1.8 billion industry employing 10,000 jobs. Aerojet, Lockheed Martin and Raytheon are in a hiring growth mode with an anticipated 1,500 jobs being created from a recent defense contract modification of over $330 million benefiting defense companies concentrated in Ouachita and Calhoun counties alone. The rest of the state (73 counties) have only a combined total of $300.1 million in contracts. In addition to defense manufacturing, Camden has strong chemical, manufacturing and timber industries. 56% of the state of Arkansas (18.8 million acres) remains a forest. Desirable Location for Tenants Fox Creek is conveniently located off of US-278 (Branyan-Hunnicutt Bypass) with easy access to US-79 feeding into Camden’s regional airport, Harrel Field. The immediate area consists of major grocers, Wal-mart Supercenter and Brookshires, shopping centers, fast food and dine-in restaurants. The city’s major employers are all within 12 miles of the property. Fox Creek is on the school and public transit bus route and nestled alongside timberlands making it desirable for residents looking to settle into a quiet part of town. Free and Clear of Debt This property is being offered to the market free and clear of debt, allowing the purchaser to maximize returns with new debt. Contact Greysteel Structured Finance Team to discuss competitive financing options. OFFERING SUMMARY