
Greystone Woods Apartments
Greystone Woods Apartments in Cabot has been sold for nearly $10.2 million.
The complex in a wooded environment on Highway 5 was sold to Deancurt Cabot LLC. The buyer was represented by Thomas Schmidt of Flake & Co. and Philip Schmidt of Kelley Commercial NWA.
Greystone Apartment Co. LLC was the seller in the all-cash deal.
“Greystone Woods Apartments has historically been a very successful complex located in a very desirable location near the upscale Greystone subdivision,” Thomas Schmidt said in a news release. “The waiting list of people wanting to live there is quite lengthy.”