7 University Avenue $7,000,000

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    7 University Avenue Fayetteville, AR 72701

    • 0 Beds
    • 0 Baths
    • 18,760 sq. ft.
    • Single-Family
    • MLS# 1261880
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    Views: 268 Days On Site: 386

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    Property Details

    Attention student housing developers: Seize a rare opportunity to construct student housing within walking distance of the University of Arkansas. Perfectly positioned just 0.2 miles from the campus, 0.25 miles from Dickson Street, and a mere 0.5 miles from the Fayetteville Square, this offering is a strategic investment. This parcel totals 1.336 acres and is zoned as RMF-40. This zoning presents a unique chance to maximize unit density and optimize income potential in a high-demand area. Don't miss out on this exceptional development prospect in one of the most coveted locations near the University of Arkansas. Also available as part of a package containing 2 adjoining parcels

    • General Features
      • Community Features Near Schools,Trails/Paths
      • YearBuilt 1960
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Foundation Details Slab
      • Garage Y/N true
      • Heating Central
      • Heating Y/N true
      • Number Of Units Total 25
      • Roof Other
    • Property Features
      • Lot Features Corner Lot, Landscaped
      • Lot Size Acres 1.336
      • Parking Features Detached, Garage, Two Spaces

    Contact

    Luis Martinez

    Luis Martinez

    Associate

    RE/MAX Real Estate Results

    Mobile Phone: 479-790-9549

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $7,000,000
    9/10/2024 10:59:42 AM Status Changed Source: Multiple Listing Service New Value: Pending
    12/1/2023 8:49:00 AM New in Database Source: Multiple Listing Service New Value: $7,000,000

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Data based on information obtained from Northwest Arkansas Board of REALTORS® MLS for the period 2024 through 12/21/2024 6:29:30 PM PST.

    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.



    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.