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
Property Details
| Days On Market | 1 days |
|---|---|
| Lot Size | 0.75 Acres |
| Air Condition | CentralAir |
| Exterior | Block, Concrete |
| Foundation | Slab |
| Roof | Asphalt,Shingle |
| Listed By | GREA-Global Realtor Estate Advisors Branch |
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Northwest Arkansas Board of REALTORS® MLS
An Equal Opportunity Company. Equal Housing Opportunity.