CLK Doubles Down In Jonesboro, AR With 324-Unit Acquisition

CLK Properties is proud to announce its latest acquisition of Willow Creek Apartments, a beautiful 324-unit garden style community, located in Jonesboro, AR.  Built in 2011 and 2013, Willow Creek is a high-caliber, low-maintenance asset offering residents a premium lifestyle and location within Jonesboro.  The immediate area draws a well-educated, professional resident profile for its convenient proximity to employers, as well as its best-in-class retail options and neighborhood amenities.

“We are excited to expand our presence in Jonesboro with the acquisition of Willow Creek,” said Craig Koenigsberg, Founder and CEO of CLK Properties, “Willow Creek complements our stabilized turn-key platform very well and we look forward to watching the property benefit from the rising-tide of the Jonesboro market.”

Willow Creek CLK’s second property in Jonesboro, as the New York City-based firm purchased the 264-unit Landing at Greensborough Village in November 2021. CLK Properties owns more than 19,000 apartments within its portfolio, including over 2,300 in Memphis, only 60 miles from Jonesboro, where the CLK’s Management company is headquartered.

Please reach out to [email protected] if you have any questions regarding this transaction or would like to discuss any investment opportunities with us.