1000-1051 N Molly Court, Fayetteville, AR 72701

$5,050,000
39,550
SqFt

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Sold Price
$5,050,000
List Price
$5,500,000
Closing Date
Jun 27, 2025
Status
CLOSED
MLS#
ARKMLS-1301043
Sq. Ft
39,550
Acres
1.43
Year Built
1993
Subdivision
Mitchell Add

Property Description

Location, location, location! 36 Unit Apartment Complex for sale located 0.6 miles (appx 15 minute walk) from the University of Arkansas which recorded an enrollment population of 33,610 in September 2024, also 0.3 miles (appx 6 minute walk) from Wilson Park which features multiple sports courts/playground/public pool, and 0.2 miles (appx 4 minute walk) from the nearest Razorback Greenway Trail access (at Frisco Trail) which connects 40 miles of multi-use paved pathways. Multiple floorplans including 15 studios, 4 one bedrooms, 9 two bedrooms, and 8 three bedroom townhomes (attached garages are included at the 3 bedroom townhomes). Units are well-maintained and always in demand. Occupancy is usually 97-100%, rarely are there vacancies. This is a unique opportunity to purchase a turn-key property in one of the hottest rental locations in Arkansas.

Additional Information

Taxes
$32,730
Style
Split Level, Traditional
Roof
Metal
Appliances
Counter Top, Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Disposal, Gas Water Heater, Ice Maker, Refrigerator, Range Hood, Washer, Plumbed For Ice Maker
Fencing
Partial
Foundation
Block, Slab
Basement
Finished, Walk-Out Access
Levels
Two, Three Or More, Multi/Split
Fireplace
Yes
School District
Fayetteville
Heating
Electric, Gas
Cooling
Electric, Gas

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Select Real Estate Group. 479-335-3305

Selling Office: Navigate Real Estate.