5717 Park AVE, Fort Smith, AR 72903
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5717 Park AVE, Fort Smith, AR 72903
5717 Park AVE, Fort Smith, AR 72903
5717 Park AVE, Fort Smith, AR 72903
5717 Park AVE, Fort Smith, AR 72903
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$ 17,750,000
Est. payment /mo
Active

5717 Park AVE Fort Smith, AR 72903

96,720 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Other Rentals

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 96,720 sqft

Price per Sqft $183

Subdivision University Park Place

MLS Listing ID 1088155

Style Contemporary

HOA Y/N No

Year Built 2020

Annual Tax Amount $63,864

Lot Size 5.060 Acres

Acres 5.06

Property Sub-Type Duplex

Property Description

University Park Place is a 48-unit, purpose-built student housing community strategically located within a 5-minute walk to the University of Arkansas–Fort Smith campus. Fully furnished 4-bedroom, 4-bathroom townhomes with individual, by-the-bed leasing, catering directly to student renters. Each unit offers modern, highly desirable amenities including private bedrooms and bathrooms, stainless steel appliances, wood-style flooring, in-unit washer and dryer sets (two per unit), walk-in closets, and fully furnished living spaces with large-screen TVs. Community features are outdoor grilling areas, fire pit pergolas, pet-friendly spaces, and planned resident events, enhancing tenant retention and lifestyle appeal. The asset is positioned as one of the most affordable off-campus housing options in the market while maintaining strong unit quality and competitive amenities.University Park Place presents investors with a compelling opportunity to acquire a stabilized, income-producing student housing asset with a proven leasing model, consistent demand drivers, and additional upside through rent growth, operational efficiencies.

Location

State AR

County Sebastian

Community Curbs, Near Fire Station, Near Hospital, Near Schools, Park, Shopping, Sidewalks

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Fireplace No

Window Features Blinds

Appliance Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Exterior Feature Concrete Driveway

Parking Features Parking Lot

Fence Partial

Community Features Curbs, Near Fire Station, Near Hospital, Near Schools, Park, Shopping, Sidewalks

Roof Type Metal

Porch Porch

Building

Lot Description Central Business District, Cleared, Cul-De-Sac, City Lot, Industrial Park, Landscaped, Level, Near Park, Subdivision

Entry Level Two

Foundation Slab

Architectural Style Contemporary

Level or Stories Two

Schools

School District Fort Smith

Others

Tax ID 11264-0001-00000-00

Security Features Fire Alarm,Smoke Detector(s)

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/5717-Park-Avenue-Fort-Smith-AR-72903--1088155/unbranded


Listed by Keller Williams Platinum Realty
Molly Radhakrishnan

Molly Radhakrishnan

Broker | License ID: EB00091046

+1(419) 464-8552

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5717 Park AVE