5717 Park Ave Fort Smith, AR 72903
Fort Smith AreaEstimated payment $102,882/month
Highlights
- 5.06 Acre Lot
- Contemporary Architecture
- No HOA
- Euper Lane Elementary School Rated A-
- Property is near park and schools
- Cul-De-Sac
About This Home
University Park Place is a 48-unit, purpose-built student housing community strategically located within a 5-minute walk to the University of Arkansas–Fort Smith campus. Fully furnished 4-bedroom, 4-bathroom townhomes with individual, by-the-bed leasing, catering directly to student renters. Each unit offers modern, highly desirable amenities including private bedrooms and bathrooms, stainless steel appliances, wood-style flooring, in-unit washer and dryer sets (two per unit), walk-in closets, and fully furnished living spaces with large-screen TVs. Community features are outdoor grilling areas, fire pit pergolas, pet-friendly spaces, and planned resident events, enhancing tenant retention and lifestyle appeal. The asset is positioned as one of the most affordable off-campus housing options in the market while maintaining strong unit quality and competitive amenities.University Park Place presents investors with a compelling opportunity to acquire a stabilized, income-producing student housing asset with a proven leasing model, consistent demand drivers, and additional upside through rent growth, operational efficiencies.
Listing Agent
Keller Williams Platinum Realty License #SA00083287 Listed on: 04/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $63,864
Year Built
- Built in 2020
Lot Details
- 5.06 Acre Lot
- Cul-De-Sac
- Partially Fenced Property
- Landscaped
- Level Lot
- Cleared Lot
Home Design
- Duplex
- Contemporary Architecture
- Brick or Stone Mason
- Slab Foundation
- Frame Construction
- Metal Roof
- Metal Siding
- Cedar
Interior Spaces
- 96,720 Sq Ft Home
- 2-Story Property
- Blinds
- Fire and Smoke Detector
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Laundry
- Dryer
- Washer
Parking
- Driveway
- Parking Lot
Outdoor Features
- Porch
Location
- Property is near park and schools
- Property near a hospital
- City Lot
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 11264-0001-00000-00
Community Details
Overview
- No Home Owners Association
- 48 Units
- University Park Place Subdivision
Recreation
- Park
Additional Features
- Shops
- Gross Income $1,635,840
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $70,253 | $1,381,338 | $88,166 | $1,293,172 |
| 2024 | $57,750 | $1,100,000 | $66,124 | $1,033,876 |
| 2023 | $63,864 | $1,100,000 | $66,124 | $1,033,876 |
| 2022 | $80,791 | $1,437,040 | $111,601 | $1,325,439 |
| 2021 | $74,347 | $1,325,420 | $111,600 | $1,213,820 |
| 2020 | $19,585 | $390,810 | $111,600 | $279,210 |
| 2019 | $3,068 | $52,850 | $6,310 | $46,540 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/10/2026 06/10/26 | Price Changed | $599 | 0.0% | $0 / Sq Ft | |
| 04/03/2026 04/03/26 | For Sale | $17,750,000 | 0.0% | $184 / Sq Ft | |
| 02/04/2026 02/04/26 | Price Changed | $549 | -2.8% | $0 / Sq Ft | |
| 01/30/2026 01/30/26 | Price Changed | $565 | -8.7% | $0 / Sq Ft | |
| 08/07/2023 08/07/23 | For Rent | $619 | 0.0% | -- | |
| 07/13/2023 07/13/23 | For Rent | $619 | 0.0% | -- | |
| 06/16/2023 06/16/23 | For Rent | $619 | 0.0% | -- | |
| 06/07/2022 06/07/22 | For Rent | $619 | 0.0% | -- | |
| 05/20/2022 05/20/22 | For Rent | $619 | 0.0% | -- | |
| 06/01/2018 06/01/18 | Sold | $365,500 | -2.5% | $105 / Sq Ft | View Prior Sale |
| 05/02/2018 05/02/18 | Pending | -- | -- | -- | |
| 10/13/2017 10/13/17 | For Sale | $374,900 | +13.6% | $107 / Sq Ft | |
| 09/19/2014 09/19/14 | Sold | $330,000 | -14.3% | $94 / Sq Ft | View Prior Sale |
| 08/20/2014 08/20/14 | Pending | -- | -- | -- | |
| 05/20/2014 05/20/14 | For Sale | $384,900 | -- | $110 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $2,100,445 | Construction | |
| Closed | $4,168,915 | Construction |
Source: Western River Valley Board of REALTORS®
MLS Number: 1088155
APN: 11264-0001-00000-00
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