• Broker Scott Waymire 4796592261

THE NEST 1000 S Futrall Dr 106 Unit Apartment Building $12,500,000 ($117,925/Unit) 5.82% Cap Rate Fayetteville, AR 72701

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EXECUTIVE SUMMARY

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.

ATTACHMENTS

Nest Brochure

PROPERTY FACTS

Price $12,500,000 Property Subtype Apartment
Price Per Unit $117,925 Building Class C
Sale Type Investment Lot Size 1.86 AC
Cap Rate 5.82% Building Size 38,028 SF
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
No. Stories 2
Gross Rent Multiplier 10.7 Year Built/Renovated 1981/2025
No. Units 106 Parking Ratio 2.39/1,000 SF
Property Type Multifamily Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C - Commercial
Price $12,500,000
Price Per Unit $117,925
Sale Type Investment
Cap Rate 5.82%
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
Gross Rent Multiplier 10.7
No. Units 106
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 1.86 AC
Building Size 38,028 SF
No. Stories 2
Year Built/Renovated 1981/2025
Parking Ratio 2.39/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C - Commercial

PROPERTY TAXES

Parcel Number 765-05364-000 Improvements Assessment $562,470
Land Assessment $140,500 Total Assessment $702,970

PROPERTY TAXES

Parcel Number
765-05364-000
Land Assessment
$140,500
Improvements Assessment
$562,470
Total Assessment
$702,970

MAP

ADDITIONAL PHOTOS

View Photo Building and parking lot
View Photo Interior Photo
View Photo Covered entry
View Photo Pool
View Photo Side view
View Photo Exterior
View Photo Intertior
View Photo Interior
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View Photo Interior
View Photo Interior Photo
View Photo Interior Photo
View Photo Interior Photo
View Photo Pool area
View Photo Covered walkways
View Photo Exterior front
  • Listing ID: 35622154

  • Date on Market: 4/24/2025

  • Last Updated: 4/28/2025

  • Address: 1000 S Futrall Dr, Fayetteville, AR 72701