$3,880,000
$4,200,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
1727 W Holly St Fayetteville, AR 72703
16,300 SqFt
Key Details
Sold Price $3,880,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 16,300 sqft
Price per Sqft $238
Subdivision 8-16-30 Fayetteville Outlots
MLS Listing ID 1291545
Sold Date 04/04/25
Construction Status New Construction
HOA Y/N No
Year Built 2024
Annual Tax Amount $58,820
Lot Size 1.455 Acres
Acres 1.455
Property Sub-Type Multi Family
Property Description
The 10-Unit Holly Street BTR portfolio consists of five, 4-bed/3-bath homes and five, 2-bed/2.5-bath homes. Each parcel contains a 4br/3ba unit and a 2br/2.5ba unit. The property is 100% occupied AND 100% preleased for next year with $200 rent bumps on each unit. Located less than one mile from both University of Arkansas and I-49 access, the property is the perfect rental for students and young families alike. Each unit boasts engineered hardwood floors, granite counters, custom cabinets, stainless steel appliances, and full size washers and dryers. The four-bedroom units include a two-car garage with fenced yards. While benefiting from incredible organic rent growth, a buyer can also implement traditional "other income" items such as pet deposits and pet rent, app & admin fees, and smart home packages. Management is willing to stay on for "all-inclusive" 7% management fee. No tours without submitted LOI. Offering memorandum and financials available upon request.
Location
State AR
County Washington
Community 8-16-30 Fayetteville Outlots
Direction From I-49, take the Wedington exit and go East towards University of Arkansas. Drive .8 miles east on Wedington then turn left to north on Lewis Ave. Drive .1 miles north on Lewis then turn left on Holly St to go west. Property is located on your left/south side of Holly St.
Interior
Interior Features None
Heating Central
Cooling Central Air
Flooring Wood
Appliance Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Concrete Driveway
Parking Features Attached
Fence Back Yard, Metal
Community Features Near Schools, Shopping
Roof Type Architectural,Shingle
Street Surface Paved
Road Frontage Shared
Garage Yes
Building
Lot Description Cleared
Story 2
Foundation Slab
Level or Stories Two
Structure Type Brick,Vinyl Siding
New Construction Yes
Construction Status New Construction
Schools
School District Fayetteville
Others
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Non MLS Sales