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.

This beautiful home just south of the historic Fayetteville downtown square was built in 2007. The 4,100+ square feet has a distinctively modern exterior that is clearly Asian inspired.




If you’d like to have your Fayetteville home featured on this site, if your home is already on the site and you’d like to offer a tour of the interior, or if you are an architect or otherwise affiliated with one of the homes and would like credited please contact Anthony Clark at 479-935-6080.

Disclaimer: It is not the intention of the site owner to suggest representation of any homeowner for a property featured on this site; if a featured home is currently listed for sale it is simply a coincidence. The site owner will make every possible attempt to fully disclose when a featured property is listed for sale.All photos Copyright Anthony R. Clark unless otherwise noted.

Year Built:  2004 (Renovation) 
Units:  5 residential
Square Footage:  2,300-3,290
Walkscore
For current availability contact Anthony Clark at 479-935-6080.

The Heritage Building is an exclusive condominium community converted from an old Savings & Loan in 2004. The building offers gated, covered parking and a full fitness center for homeowners. Walking distance from both the Fayetteville square and Dickson Street, “location, location, location” is an understatement.

Homes located in this development may be represented by any number of fine area real estate agents.  Please contact your favorite Realtor for more information on available properties. Information is collected from a number or sources, deemed reliable, but not guaranteed.

Tuesdays & Thursdays through October 29th, from 7am-1pm, Fayetteville Downtown Square
Thursday Evenings through October 29th, from 4-7pm, the Mill District
Saturdays through November 21st, from 7am-1pm, Fayetteville Downtown Square

Year Built:  2006
Units:  Mixed-use, 6 residential
Square Footage:  1,398-2,757
Walkscore
For current availability contact Anthony Clark at 479-935-6080.

If you want the ultimate in downtown living you should consider East Square Plaza.  The mixed-use building houses luxury condominiums that were constructed in 2006 and commercial space that was completely renovated in 2008.  Formerly the Bank of America building, East Square Plaza has approximately 90,000 square feet ideally suited for retail, restaurants, or offices.   From the third level atrium you can access the six beautifully appointed condominiums. 

Homes located in this development may be represented by any number of fine area real estate agents.  Please contact your favorite Realtor for more information on available properties. Information is collected from a number or sources, deemed reliable, but not guaranteed.

The Cravens Building
21 E. Center St., Fayetteville, AR  72701

Units:  Mixed-use, 6 residential
Year Built:  2007 (Renovation)
Square Footage:  638-942
Walkscore
For current availability contact Anthony Clark at 479-935-6080.

Welcome to the historic Cravens Building, just off the Fayetteville downtown square.  The mixed-use building was completely renovated in 2007.  The ground floor and basement are ideally suited for commercial space, while the second level houses six beautifully appointed condominiums. 

Homes located in this development may be represented by any number of fine area real estate agents.  Please contact your favorite Realtor for more information on available properties. Information is collected from a number or sources, deemed reliable, but not guaranteed.

One great thing about the market is that the vendors have to have grown or made their wares themselves – no re-selling!  The produce & flowers are always fresh and flourishing.  Take a look:

The market is very dog friendly.  They show up in every size:

There are also demonstrations such as flower arranging:

The local musicians and performers love to come out for the crowd!

As do the politicians like Mayor Dan Coody:

I even got my own political flair thanks to Mark Kinion who is running for City Council, Ward 2: