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

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.

More Information MLS# 60314257

Contract Information

Transaction Type: Sale Foreclosure/Short Sale: No Property Sub-Type: Apartment Building Begin Date: 2026-01-28 List Price: $10,500,000 Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes

General Property Description

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

How to Show

Call Listing Agent: 1

Amenities

Pool: 1

Construction

Concrete Block: 1

Utilities

City: 1 Electricity: 1

Cooling

Other - See Remarks: 1

Heating

Other - See Remarks: 1

Miscellaneous

Sprinklers: 1

Parking

Paved Area: 1

Eco-Friendly

High Efficiency HVAC: 1

Possession

At Closing: 1 Subject to Tenant Rt: 1

Will Sell

Cash: 1 Conventional: 1

Buildings

Two Buildings: 1

Water

City Water: 1

Sewer

Public: 1

Documents Available

Financial Records: 1

Deposits

Deposit Required: 1

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

Remarks Misc

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

Status Change Info

Status: Active

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
IDX
Last Updated: January - 29 - 2026
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