606 Whitham Ave Fayetteville, AR 72701
Downtown Fayetteville NeighborhoodEstimated payment $51,887/month
Highlights
- New Construction
- 0.67 Acre Lot
- Luxury Vinyl Tile Flooring
- Fayetteville High School Rated A
- Traditional Architecture
- Zero Lot Line
About This Home
Campus Edge Townhomes is a newly constructed townhome 16-unit property situated on six parcels located adjacent to the University of Arkansas. The fully occupied property boasts large three- and four-bedroom floor plans, high-end finishes, and a mix of attached garages, rear surface parking and street parking. Each bedroom has an en suite full bathroom and a half bathroom in the living area. Units also have supplied washers and dryers and stainless steel appliances. Tenants are responsible for all utilities and the property is serviced by curbside city trash. Management already has a waitlist for the 2025/26 school year with $200 rent premiums. Despite these premiums, new ownership could increase rents beyond the 2025/26 rates, proven out by nearby market rate and student housing properties in inferior locations. Bringing rents to market rate creates tremendous cash-on-cash metrics, an IRR in the mid-20s, and an equity multiple over 2x. Property tours are by appointment only. Do not disturb tenants.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $67,951
Year Built
- Built in 2024 | New Construction
Lot Details
- 0.67 Acre Lot
- Zero Lot Line
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Metal Siding
Interior Spaces
- 32,700 Sq Ft Home
- 3-Story Property
- Luxury Vinyl Tile Flooring
- Electric Range
Parking
- Garage
- Parking Pad
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- 16 Units
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 | $7,745 | $150,720 | $47,250 | $103,470 |
| 2023 | $1,721 | $47,250 | $47,250 | $0 |
| 2022 | $1,565 | $27,000 | $27,000 | $0 |
| 2021 | $2,855 | $49,270 | $27,000 | $22,270 |
| 2020 | $2,073 | $49,270 | $27,000 | $22,270 |
| 2019 | $1,873 | $33,030 | $20,000 | $13,030 |
| 2018 | $1,748 | $33,030 | $20,000 | $13,030 |
| 2017 | $1,609 | $33,030 | $20,000 | $13,030 |
| 2016 | $1,486 | $33,030 | $20,000 | $13,030 |
| 2015 | $1,298 | $33,030 | $20,000 | $13,030 |
| 2014 | $1,158 | $21,550 | $9,500 | $12,050 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | Sold | $8,200,000 | -3.5% | $251 / Sq Ft |
| 11/04/2024 11/04/24 | Pending | -- | -- | -- |
| 10/01/2024 10/01/24 | For Sale | $8,500,000 | -- | $260 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Certificate Of Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Construction |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 24036058
APN: 765-02345-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
- 0 Gulley Rd Unit 1312963
- 0 Gulley Rd Unit 18606760
- 618 N Wilson Ave
- 524 W Prospect St
- 837 N Gregg Ave
- 220 W Lafayette St
- 401 W Watson St Unit 507
- 401 W Watson St Unit 509
- 401 W Watson St Unit 408
- 401 W Watson St Unit 601 and 604
- 207 W Lafayette St
- 205 W Lafayette St
- 464 W North St
- 1137 N Leverett Ave Unit 101
- 632 N Park Ave
- 1115 N Leverett Ave Unit 205
- 1115 N Leverett Ave Unit 102
- 0 W Mount Nord St
- 1262 N Iron Horse Dr Unit 1262
- 221 N Locust Ave Unit 6