Keeping the Lights On: With Buyers Scarce, Condos Turn to Rental

by George Waldon  on Monday, Sep. 12, 2011 12:00 am   4 min read

CityGrove, on Maple Street in North Little Rock, has six units sold out of 14.

Condo and townhome developers have embraced tenants as the next best thing to buyers in a market long on supply and short on demand. Better to have a rent-generating unit than an empty, unsold one.

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