942 & 969 Holly Street, Fayetteville, AR 72703

$2,250,000
7,452
SqFt
List Price
$2,250,000
Status
ACTIVE
MLS#
ARKMLS-1257575
Sq. Ft
7,452
Acres
0.70
Year Built
1987
Subdivision
Fayetteville Outlots

Property Description

Investment opportunity of 18 total units with recently updated interiors and exteriors less than a half mile from the U of A campus! 969 Holly is a 2 story 8 plex and sits on 2 parcels with there is potential for additional duplex on this site without the need for conditional approval by the city. Duplex (with 3 bed per side) drawing available upon request. 942 Holly is a 2 story 10 plex of studio apartments. The location of these buildings is tough to beat with shopping, dining, laundry mats and its proximity to the U of A. There is room to increase rents even further to raise cap rate. Fully leased these units can generate instant income to your investment portfolio! Please do not disturb tenants. No showings without accepted offer and/ or proof of funds.

Additional Information

Taxes
$10,516
Roof
Architectural, Shingle
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
Fencing
Privacy, Wood
Foundation
Slab
Levels
Two
School District
Fayetteville
Heating
Electric, Gas
Cooling
Central Air, Electric, Window Unit(s)

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Collier & Associates.