8 S Hill Ave - Apartments FOR SALE


Fayetteville, AR 72701- Putnam
$14,000,000 USD
479-595-4993
8 S Hill Ave, Fayetteville, AR for Sale
$14,000,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

8 S Hill Ave
Fayetteville, AR 72701
Putnam


HIGHLIGHTS

  • .2 Miles from the University of Arkansas
  • .25 Miles from Dickson Street
  • .5 Miles from the Fayetteville Square
  • .5 Miles From Razorback Stadium

OVERVIEW

Attention student housing developers: Seize a rare opportunity to construct student housing within walking distance of the University of Arkansas. Perfectly positioned just 0.2 miles from the campus, 0.25 miles from Dickson Street, and a mere 0.5 miles from the Fayetteville Square, this offering is a strategic investment. Comprising three parcels that total 2.68 acres, the properties at 8 S Hill Avenue and 20 S Hill Avenue are zoned as Downtown General, while 7 S University carries an RMF-24 zoning. This zoning diversity presents a unique chance to maximize unit density and optimize income potential in a high-demand area. Don't miss out on this exceptional development prospect in one of the most coveted locations near the University of Arkansas.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$397 USD /SF

# OF UNITS

39

PRICE/UNIT

$358,974

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Package of 3 Properties near the U of A

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.68 AC

LAND SF

116,741 SF

ZONING

Downtown General, RMF 24

APN/PARCEL ID

765-09774-000

ASK ABOUT THIS PROPERTY

Robert HenrySimplicity Real Estate SolutionsMore Info
479-595-4993

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Robert HenrySimplicity Real Estate SolutionsMore Info
479-595-4993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.