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1212 S Dunn Avenue, Fayetteville, AR 72701

$2,200,000
: 9,269
SqFt

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List Price: $2,200,000
Price Change: ▼ $100,000 1789425947
Status: ACTIVE
MLS#: ARKMLS-1347224
Sq. Ft: 9,269
Acres: 0.75
Year Built: 1955
Subdivision: Wilsondunn Add

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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

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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