
Multi-family (RMF 24) Development Opportunity on the edge of the University Campus! Three adjacent parcels of land less than half a mile from the University of Arkansas, shopping/dining entertainment district and only minutes from Dickson Street/Fayetteville Square! This land has the capability for 11-12 units (subject to city approval) for student housing, or to be used as long-term rental units. Two parcels of land each have a 2 bedroom 900 Sq ft rental on them with leases in place. The houses both carry STR licenses. The 3rd lot is cleared and available to develop. Land that is under contract directly to the South on Kaywood Lane has capability for approximately another 8 units. Potential to be bought together as one large property.
Listed By
Agency Name: Sudar Group
Agency Phone: 479-308-8380
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 2,937.40 per month $2,225.57 Principal & Interest $420.17 Property Tax $291.67 Homeowner's Insurance
W Mitchell Street | MLS# 1337085
This land located at W Mitchell Street , Fayetteville, AR 72701 is currently listed for sale with an asking price of $1,000,000. The property has approximately 0.46 Acres. W Mitchell Street is located within the Fayetteville school district. Search Fayetteville real estate on www.clcommercialrealestate.com today.