Scroll down for photos & info about 10 Great Investments in Fayetteville, Arkansas.
For many it’s a no-brainer to invest in a college town like Fayetteville. For others it takes a little bit of convincing. Bottom line, however, Fayetteville is a small town (population 73,580) that is home to the ever-growing University of Arkansas (Spring 2011 enrollment of almost 22,000). There will always be a demand for student housing, homes for faculty and staff, alumni rentals, game-day & event rentals, and all those other demographics that love Fayetteville. Historically real estate investors have paid a premium (compared to the rest of northwest Arkansas) to own property near the University, Dickson Street, the downtown square, and the other fantastic amenities in Fayetteville’s core.
Thanks to deflated property values, great loan products like the FHA Kiddie Condo mortage, and the lowest interested rates since…. well, since before I was born…. now is the absolute best time to buy! So, I’ve put together a list of 10 Great investments in this college town. I picked these for a variety of reasons – the proximity to all the things that make Fayetteville great, low prices per square foot, having 2 units, uniqueness, and more. If these pique your interest contact me and I’ll be happy to give you more information. And, of course, you can search the entire MLS database 24/7 on my website. Just click the big outline of the state of Arkansas to the right over there. Here’s those 10 Great Investments as promised:
2108 Garland Ave., #3
$52,200
1 bed/1 bath
Photo & Listing courtesy of Keller Williams Realty NWA
This price is incredible! Updated, wood flooring, easy access to I-540, located on Razorback Transit bus route, community swimming pool.
1637 Linda Jo Place
$57,500
2 bed/2 bath
Photo & Listing courtesy of Keller Williams Realty NWA
One half of a duplex with easy access to I-540, located near the bus route & parks.
705 Douglas St., #107
$118,000
1 bed/1 bath
Photo & Listing courtesy of Houses, Inc.
Brand new quality construction less than 1 block from campus (behind the Alpha Omicron Pi house).
628 Mission Blvd.
$189,000
2 bed/1 bath + 1 bed/1 bath apartment
Photo & Listing courtesy of Bassett Mix & Associates
Located at the foot of Mt. Sequoyah, just a short bike ride from downtown through the historic district. Nicely remodeled, 2 units total.
315 Rollston Ave., #205
$192,000
2 bed/2 bath
Listing courtesey of Lindsey & Associates
This second-level condo is just a few steps from Dickson Street and just a flight of stairs away from Theo’s, a restaurant popular to all.
161 Hill Ave.
$239,000
2 bed/2 bath + garage apartment with 1 bed/1 bath & bonus room
Photo & Listing courtesy of Alexander, Merry-ship & Alt Real Estate Group
Walking distance from everything you’ll find desirable! This is the type of property that will Keep Fayetteville Funky for years to come.
25 Gregg Ave.
$260,000
3 bed/3 bath
Photo & Listing courtesy of Crye-Leike Realtors
Brand new sustainable, clean air home. Adjacent to the Frisco Trail and very close to campus.
600 Meadow St., #202
$282,040
2 bed/2 bath
Listing courtesy of Metro Marketing
Condo right in the heart of the Dickson Street entertainment district yet with a sense of seclusion.
632 Dickson Street
$420,000
2 bed/1.5 bath
Listing courtsey of Bradley Real Estate
One of the first condo conversions in Fayetteville! Practically overlooks the Old Main Lawn and situated directly on Dickson Street! Two parking spaces convey with this unit.
15 Block Ave., #204
$685,000
2 bed/2 bath
Listing courtesy of Crye-Leike Realtors
The Campbell-Bell Building is one of Fayetteville’s most exquisite sites! It overlooks the historic downtown square which puts the Fayetteville Farmers’ Market at your doorstep.
Almost all of these would make great student housing or your own private game-day retreat. They’re all walking distance to the UA and downtown or located on the Razorback Transit bus route. The condos and townhouses are very low maintenance – you can virtually lock them up without worry until your next visit. Those with two units are great for obvious reasons – rent one for income and use the other for yourself. Or rent both. I included those with higher price points because they would make great long-term investments – rent them out now while securing the property for future use or resale. There’s a variety of construction from “green” new construction to historic re-purposed projects. Not exactly what you’re looking for? Want more info on how Kiddie Condo loans work? Questions about downtown values? I’m here to help. Just contact me today.
