1212 S Dunn Avenue, Fayetteville, AR 72701

$2,300,000
9,269
SqFt

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List Price
$2,300,000
Price Change
▼ $200,000 1781132762
Status
ACTIVE
MLS#
ARKMLS-1347224
Sq. Ft
9,269
Acres
0.75
Year Built
1955
Subdivision
Wilsondunn Add

Property Description

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

Additional Information

Taxes
$5,392
Roof
Asphalt, Shingle
Appliances
Electric Water Heater
Fencing
Partial
Foundation
Slab
Levels
One
School District
Fayetteville
Heating
Central
Cooling
Central Air

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Calculator source: Real Geeks

Listing courtesy of GREA-Global Realtor Estate Advisors Branch. corey.allen@colliers.com