1000 Futrall Dr Active Save Request In-Person Tour Request Virtual Tour
Fayetteville,AR 72701
Key Details
Property Type Townhouse
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 38,028 sqft
Price per Sqft $328
Subdivision Fayetteville Center Sub
MLS Listing ID 1303904
Construction Status 25 Years or older
HOA Y/N No
Year Built 1995
Annual Tax Amount $40,069
Lot Size 1.750 Acres
Acres 1.75
Property Sub-Type Apartment
Property Description
Exceptional investment opportunity near the University of Arkansas! The Nest is a newly renovated 106-unit apartment complex offering luxury at an affordable price. Located less than a mile from campus on 1.75 acres, this all-electric property features 38,028 SF of rentable space and a strong pro forma cap rate of 5.82%. Renovations completed in 2025 provide a modern, attractive setting for tenants, while several value-add opportunities remain for investors. Residents enjoy close proximity to major retail, dining, and campus amenities. One unit is a one-bedroom that could serve as on-site management quarters. Don't miss this chance to own a turn-key multifamily property in a high-demand university market.
Location
State AR
County Washington
Community Fayetteville Center Sub
Direction From I-49, take Exit 62 (Martin Luther King Jr Blvd) and head east. Turn left on Futrall Drive. Property will be on the left just past the intersection with S Garland Ave. Look for “The Nest” signage.
Interior
Heating Electric,Other
Cooling Electric
Flooring Luxury Vinyl Plank
Appliance Electric Water Heater
Exterior
Exterior Feature Concrete Driveway
Fence None
Pool Community
Community Features Pool,Shopping
Roof Type Other,See Remarks
Street Surface Paved
Road Frontage Public Road
Garage No
Building
Lot Description Level
Story 2
Foundation Slab
Level or Stories Two
Structure Type Block,Concrete,Stucco
New Construction No
Construction Status 25 Years or older
Others
Security Features Smoke Detector(s)
Special Listing Condition None
Virtual Tour https://tour.nwarealtors.org/1000-Futrall-Drive-Fayetteville-AR-72701/unbranded