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  • 0.57 ACRES
  • - Multi-Family (Under Contract)

Listed By

Brian Dandy, Executive-Broker, GRI

1280 East Stearns Street

Fayetteville, AR 72703

Cell : (479) 435-0389

Office: (479) 695-1277

dandyproperties@gmail.com

Hi, I'm the listing agent for this property. Contact me if you have any questions about it.

Description for 364 & 388 E 7th St MLS# 1184917

Fully leased South Fayetteville investment with good rental history and several updates and renovations made through current owner. Promising complex of 7 units in booming South Fayetteville just over a mile direct line from the University of Arkansas campus in the heart of this area of impressive growth and revitalization. Each unit is approx 1180 SF with its own W/D and 6'x6' storage with exterior access. Seller has invested in continual improvement replacing appliances and flooring as tenants turned over as well as new water lines and fencing in 2020. Two parcels and two buildings, acreage is estimated from county record.

General Features

  • Property For
    Sale
  • Listing Type
    Apartments
  • Year Built
    2003
  • County
    Washington
  • Subdivision
    County Court
  • Approx. Acreage*
    0.569
  • Approx. Sq. Ft.*
    7862
  • Price
    $895,000

Additional Details

Additional Parcel I D
7865-12839-000
Age Desc
Resale (less than 25 years old)
Basement Y N
No
Disable Access Y N
No
Flood Zone
No
Foundation
Concrete Slab
Noof Units
7
Parcel I D
765-12849-000
Parking
2 Car Unit,Lot
Sq Ft Source
Court House
Unit Count
2
Floor Covering
Carpet,Ceramic Tile
Exterior
Brick,Stucco
Patio
Covered
Roof
Architectural Shingle

Lot

Driveway
Concrete
Lot
45
Lot Desc
Landscaped,Level,Sidewalk
Lot Location
Near Business District,Near Fire Station,Near Park
Roads
Public,Surface Paved
Air Condition
Central,Electric
Dryer
Y
Equipment
Smoke Detector
Heating System
Central,Electric
Noof Air Conditioners
7
Noof Heat Systems
7
Noof Water Heaters
7
Utilities
Electric,Sewer Public,Water Public
Washer
Y
Water Heater
Electric

Sold Properties Nearby

Listed By

Brian Dandy, Executive-Broker, GRI

1280 East Stearns Street

Fayetteville, AR 72703

Cell : (479) 435-0389

Office: (479) 695-1277

dandyproperties@gmail.com

Hi, I'm the listing agent for this property. Contact me if you have any questions about it.

Market Research


 

Fayetteville Multi-Family Values

Average List Price:
$903,985
Average Sold Price:
$608,079
Average Price per SQFT:
$136
Average Days on Market:
81
Number of Properties for Sale:
5,348
Vs.

This Property

List Price:
$895,000
Approx. Price per SQFT:
$113.84 / sqft
Days on Website:
126 (May 21, 2021)

Pricing Considerations

List Price:
$895,000
Price per SQFT:
$113.84 / sqft (based on 7862 approximate square feet)

Listed By

Brian Dandy, Executive-Broker, GRI

1280 East Stearns Street

Fayetteville, AR 72703

Cell : (479) 435-0389

Office: (479) 695-1277

dandyproperties@gmail.com

Hi, I'm the listing agent for this property. Contact me if you have any questions about it.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Arkansas Regional MLS, LLC. Copyright © 2021 by Arkansas Regional MLS, LLC