1000 S Futrall Dr Fayetteville, AR 72701
Fayette Junction NeighborhoodEstimated payment $69,938/month
Highlights
- 1.75 Acre Lot
- Community Pool
- Shops
- Fayetteville High School Rated A
- Cooling Available
- Luxury Vinyl Plank Tile Flooring
About This Home
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.
Listing Agent
Berkshire Hathaway HomeServices Solutions Real Est Brokerage Phone: 479-271-2424 License #PB00062073 Listed on: 04/09/2025
Co-Listing Agent
Berkshire Hathaway HomeServices Solutions Real Est Brokerage Phone: 479-271-2424 License #SA00099394
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $40,069
Year Built
- Built in 1995
Lot Details
- 1.75 Acre Lot
- Level Lot
Home Design
- Slab Foundation
- Stucco
Interior Spaces
- 38,028 Sq Ft Home
- 2-Story Property
- Luxury Vinyl Plank Tile Flooring
- Fire and Smoke Detector
Parking
- 106 Car Garage
- Parking Lot
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 3 / 1
Community Details
Overview
- 106 Units
- Fayetteville Center Sub Subdivision
Recreation
- Community Pool
Additional Features
- Shops
- Gross Income $1,168,356
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $40,069 | $702,970 | $140,500 | $562,470 |
| 2023 | $40,737 | $702,970 | $140,500 | $562,470 |
| 2022 | $42,157 | $727,470 | $86,500 | $640,970 |
| 2021 | $30,746 | $727,470 | $86,500 | $640,970 |
| 2020 | $28,184 | $727,470 | $86,500 | $640,970 |
| 2019 | $25,621 | $442,130 | $86,500 | $355,630 |
| 2018 | $25,621 | $442,130 | $86,500 | $355,630 |
| 2017 | $25,400 | $442,130 | $86,500 | $355,630 |
| 2016 | $25,400 | $442,130 | $86,500 | $355,630 |
| 2015 | $24,207 | $442,130 | $86,500 | $355,630 |
| 2014 | $21,538 | $400,710 | $136,500 | $264,210 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | For Rent | $825 | 0.0% | -- |
| 04/09/2025 04/09/25 | For Sale | $12,500,000 | -- | $329 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,875,000 | City Title | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $150,000 | Construction | |
| Open | $6,574,000 | Credit Line Revolving | |
| Closed | $6,574,000 | Credit Line Revolving | |
| Previous Owner | $83,699 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $500,000 | Commercial |
Source: Northwest Arkansas Board of REALTORS®
MLS Number: 1303904
APN: 765-05364-000
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