Overview
The Landing at Greensborough Village is an attractive, newly developed 264-unit property comprised of three story buildings, featuring brick façades and pitched roofs.
The apartments feature luxurious finishes and modern floorplans, complimented by the properties best-in-class amenity set, offering a resort style swimming pool, clubhouse, outdoor kitchen and resident lounge and a modern fitness room. Located 70 miles (one hour) northwest of Memphis TN, Jonesboro, Arkansas is a small and growing regional hub with a metro population of 145,000, serving as the economic focal point of Northeast Arkansas. Jonesboro, Arkansas has a stable and growing economic base anchored by its sizeable healthcare, higher education and manufacturing sectors. The Property is located adjacent to Arkansas State University, the second largest employer in Jonesboro, with 2,829 employees and 14,000 students enrolled. The University is located only 1 mile from The Property, a 4 minute drive to campus.
The property is very well located within the metro and is an essential component of Jonesboro’s $500 million Master Plan development known as Greensborough Village. Coined by the developer as “a city within a city”, the Greensborough Village Master Plan attracts an upper-middle class profile for its convenient proximity to employers, as well as its best-in-class retail options and neighborhood. CLK has extensive experience and success operating in smaller markets like Jonesboro. CLK currently owns and operates 2,300 units, 70 miles from Jonesboro in Memphis, TN, where CLK’s Multifamily Management division is also headquartered.
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