Single Family for Sale: 606 Whitham, Fayetteville, AR 72701
32700
mls #1288137
$8,500,000
$8,500,000
606 Whitham,
Fayetteville, AR 72701
32700
mls #1288137
$8,500,000
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Price:
$8,500,000
Est. payment: Skip to Mortgage Calculator
Type Single Family
Square Footage 32,700 sqft
Lot Size 0.67 acres
Year Built 2024
City Fayetteville
County Washington
School District Fayetteville
Subdivision Whitham
MLS 1288137
Status Pending
DOM 64 days
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.
Lot & Building Features
Appliances Dishwasher, Washer, Refrigerator, Microwave Hood Fan, Microwave, Electric Water Heater, Electric Range, Electric Oven, Dryer, Disposal
Construction Materials Brick, Vinyl Siding
Cooling Central Air
Heating Central
Parking Features Attached, Two Spaces, Parking Lot, On Street, Garage
Price History of 606 Whitham, Fayetteville, AR
Date | Name | Price | Difference |
---|---|---|---|
10/01/2024 | Listing Price | $8,500,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by GREA-Global Realtor Estate Advisors Branch, Corey Allen
606 Whitham (MLS #1288137) is a single family home located in Fayetteville, AR. This is a single family home with a lot of 29,185 sqft (or 0.67 acres). This property was listed on 10/01/2024 and has been priced for sale at $8,500,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: GREA-Global Realtor Estate Advisors Branch |