Master Leased by the University of Arkansas, Dunn Ave Apartments provides guaranteed 100% occupied income for the next three years as well as substantial expense savings. Surrounded by Class A student housing, new townhome/single family home construction and revitalized retail hubs, this asset is sure to appreciate significantly over the next three years while also realizing attractive cashflow. Zoned RMF-24, this site would make for a great redevelopment opportunity, allowing for up to 18 units and and 70+ bedrooms. The location is extremely walkable with South Yard (Meteor Cafe, Tacos & Tamales, Sweet Greens, etc.), South School Strip (Fossil Cove Brewing, rock climbing, etc.), and the Frisco Trail just two blocks away. Listed in conjunction with 8 & 12 S Hill MLS # 1347279
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Listing Snapshot
Price
$2,200,000
Days On Site
130 Days
Bedrooms
N/A
Inside Area (SqFt)
9,269 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.748 Acres
Year Built
1955
MLS® Number
1347224
Status
Active
Property Tax
$5,392
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
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Recent Activity
6 days ago
Price changed to $2,200,000
6 days ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Acres
0.748
Foundation
Slab
Levels
One
Parking
ConcreteParking LotDriveway
Property Sub Type
Apartment
Security
Smoke Detector(s)
SqFt Total
9269
Interior Features
Appliances
Electric Water Heater
Cooling
Central Air
Flooring
Vinyl
Heating
Central
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Exterior Features
Construction Details
Cement SidingBlockConcrete
Fencing
Partial
Lot Features
ClearedCity Lot
Roof
AsphaltShingle
Community Features
Association Amenities
Trail(s)
Additional Association Fee Frequency
Monthly
School District
Fayetteville
Schools
School District
Fayetteville
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Samuel Hewitt of GREA-Global Realtor Estate Advisors Branch
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