1000 South Futrall Drive, Fayetteville, AR 72701 (MLS# 60314257)

1000 South Futrall Drive, Fayetteville, AR 72701

$10,500,000

Property Type: MultiFamily Lot Size (sq. ft.): 81,022 Status: Active

Current Price: $10,500,000 List Date: 1/29/2026 Last Modified: 1/29/2026

Overview

Description

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 cap rate of 8.16%. 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.

Listing Details MLS# 60314257

Contract Information

Property Sub-Type: Apartment Building
Begin Date: 2026-01-28
Transaction Type: Sale
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 1000
Street Direction: South
Street Name/Route: Futrall
Suffix: Drive
County: Washington
State/Province: AR
Zip Code: 72701
Subdivision: Washington-Not in List
Parcel ID: 765-05364-000
Real Estate Tax: 40140
Tax Year: 2025
Zoning: CS

General Property Description

SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 1981
Total Monthly Rent: 89685
Number of Units: 106
# Efficiency Units: 106
# One Bedroom Units: 2
Aprx Lot Size (Acres): 1.86
Lot Dimensions: Acres
Elementary School: Not In List
Middle School: Not In List
High School: Fayetteville
Waterfront/View: None
Lake/River: None

Remarks Misc

Directions: South from MLK JR Prkway to Futrall Dr, second property on the east side.

Location, Tax and Other Information

Inside City Limits: Yes

More Information

How to Show

Call Listing Agent: Yes

Amenities

Pool: Yes

Construction

Concrete Block: Yes

Utilities

City: Yes
Electricity: Yes

Cooling

Other - See Remarks: Yes

Heating

Other - See Remarks: Yes

Miscellaneous

Sprinklers: Yes

Parking

Paved Area: Yes

Eco-Friendly

High Efficiency HVAC: Yes

Possession

At Closing: Yes
Subject to Tenant Rt: Yes

Will Sell

Cash: Yes
Conventional: Yes

Buildings

Two Buildings: Yes

Water

City Water: Yes

Sewer

Public: Yes

Documents Available

Financial Records: Yes

Deposits

Deposit Required: Yes

Property Features

How to Show: Call Listing Agent Amenities: Pool Cooling: Other - See Remarks Heating: Other - See Remarks Eco-Friendly: High Efficiency HVAC Buildings: Two Buildings Construction: Concrete Block Parking: Paved Area Miscellaneous: Sprinklers Water: City Water Sewer: Public Utilities: Electricity Documents Available: Financial Records Possession: At Closing; Subject to Tenant Rt Will Sell: Cash; Conventional Deposits: Deposit Required

Listing Office: Charles Burt Realtors

Last Updated: January - 29 - 2026

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