$8,500,000
 $45,630 est/mo Sourced by Back At You

606 N Whitham Avenue,Fayetteville, AR 72701

Fayetteville, AR 72701

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Description

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.

Details

MLS #24036058
Listing TypeFor Sale
Sub-TypeNew Construction
StatusPending (fc, Ss, Reo)
Year2024
Days On Site716
Listing Provided ByGREA-Global Real Estate Advisors Branch | Corey Allen

Features

Story(s)3
Units16
ZoningMF24
Acreage0.67

Exterior

ExteriorBrick, Metal/Vinyl Siding
RoofComposition
FoundationSlab

Utilities

UtilitiesSewer-Public, Water-Public, Electric-Municipal, TV-Cable

Taxes

Property67951

Area Information

StateAR
CountyWashington
CityFayetteville
Zip Code72701
AreaFAYETTEVILLE
SubareaFAYETTEVILLE
Community NameWilson
Sourced by Back At You

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Contact

Learn More About This Property

Ron Galloway

Ron Galloway

Trademark Real Estate

 (501) 622-0596rongalloway777@gmail.com
StateAR
CountyWashington
CityFayetteville
Zip Code72701
AreaFAYETTEVILLE
SubareaFAYETTEVILLE
Community NameWilson
Sourced by Back At You
Listing Updated: May 22, 2026 at 9:55:13 AM PDT