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884 W Holly Street , Fayetteville, AR 72703

$3,000,000
  • 884 W Holly Street , Fayetteville, AR 72703 Main Photo

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Active
BEDS0 BATHS SQUARE FEET16,128 MLS#1343496
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFayetteville Outlots SCHOOLFayetteville

Property Description

Arbor Vine is a 20-unit well-located multifamily property consisting of all two-bedroom units with significant capital improvements over the past five years including new roofs, siding, HVAC units, decks, and full interior renovations featuring LVP floors, granite counters, black appliances, and smart home thermostats. The property carries zero deferred maintenance and offers an ideal location for student and workforce housing, with close proximity to the University of Arkansas, major employers, and walkable retail and dining. Each unit is individually metered for water and electric and includes full-size washers, dryers, and dishwashers.Despite its fully renovated condition, current rents trail comparable properties by $200?$300 per month, representing immediate upside for a new owner. Additional value-add opportunities include introducing pet rent, admin fees, and trash/pest billing ? none of which are currently charged ? as well as reducing the above-market landscaping cost of $439/month.

884 W Holly Street | MLS# 1343496

This multi-family property located at 884 W Holly Street , Fayetteville, AR 72703 is currently listed for sale with an asking price of $3,000,000. W Holly Street is located within the Fayetteville school district. Search Fayetteville real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.81 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $19,811
Year Built: 1993

Amenities

Concrete Driveway

Feature Descriptions

Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Washer
Community Features: Near Schools, Park, Shopping
Days on Site: 15
Exterior: Aluminum Siding, Brick
Fencimg: Partial
Flooring: Luxury Vinyl Plank
Lot: Cleared, City Lot, Near Park
Parcel#: 765-14028-000
Parking: Two Spaces
Parking Notes: Two Spaces
Units: 20

Local Schools

School District: Fayetteville

Listed By / Shown By

Listed By

Agency Name: GREA-Global Realtor Estate Advisors Branch

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: NWAKBOR MLS

Estimate Your Payment

Estimated Payment

$ 9,202.62 per month $6,676.70 Principal & Interest $1,650.92 Property Tax $875.00 Homeowner's Insurance

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