$950,000
$1,000,000
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942 W Holly St Fayetteville, AR 72703
3,240 SqFt
Key Details
Sold Price $950,000
Property Type Townhouse
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $293
Subdivision Fayetteville Outlots
MLS Listing ID 1284690
Sold Date 01/06/25
Construction Status 25 Years or older
HOA Y/N No
Year Built 1987
Annual Tax Amount $4,595
Lot Size 0.257 Acres
Acres 0.257
Property Sub-Type Apartment
Property Description
942 W Holly is a multifamily investment property located in core Fayetteville less than a mile from University of Arkansas campus. The property consists of 10 fully renovated studio apartments that are ~300sf. Each unit has been renovated with high-end finish outs including LVP floors, granite counters, upgraded cabinets, stainless steel appliances, and fully tiled bathrooms. While the property is stabilized and fully occupied, there is room to push rents about $70, supported by local comps. The location is unbeatable being 3/4 mile from University of Arkansas campus (5 minutes by bike, 19 by foot, 9 by bus), adjacent to popular restaurants and retail at the corner of North and Garland, a half block from two University transit stops, and 1/4 mile from the Razorback Greenway. The property is listed with it's 8-unit sister property located at 969 W Holly St MLS# 1284668.
Location
State AR
County Washington
Community Fayetteville Outlots
Zoning N
Direction From I-49, take exit 64 towards Wedington and go east towards University of Arkansas campus. After 1.4 miles, take a left to head north on Garalnd Ave. Drive .2 miles then take a right on Holly street and follow that road about a block and a half to 942 W Holly on your left/north side of the street.
Interior
Heating Electric
Cooling Electric
Flooring Luxury Vinyl, Luxury VinylPlank
Appliance Counter Top, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator
Exterior
Exterior Feature Concrete Driveway
Fence Partial
Community Features Near Schools, Shopping
Roof Type Asphalt,Shingle
Road Frontage Shared
Garage No
Building
Lot Description Cleared
Story 2
Foundation Slab
Level or Stories Two
Structure Type Vinyl Siding
New Construction No
Construction Status 25 Years or older
Schools
School District Fayetteville
Others
Security Features Fire Alarm,Smoke Detector(s)
Special Listing Condition None
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Bought with Non MLS Sales