Contacts
Sam Hewitt
GREA
Zac Thomas
GREA
Sean Scott
GREA
Property Details
- Property Type Other
- Property Size 32,700 SF
- Units 16
- Additional Rent Contact for pricing
- Year Built 2024
- Date Updated Nov 4, 2024
Campus Edge Townhomes is a brand new fully occupied, 16-unit townhome development steps away from University of Arkansas campus. The property consists of 16 three-story townhomes with three- and four-bedroom floorplans. All units come with two car garages, full bathrooms for each bedroom, an extra half bath in each unit, and high-end fixtures and appliances. Finish outs include 10-foot ceilings, granite countertops, soft-close cabinets, stainless steel appliances, LVP floors, and supplied washers and dryers. Campus Edge tenants are solely responsible for setting up and paying their own utilities, the city of Fayetteville provides curbside trash pickup, simplifying management of the asset. The average in-place rents of $3,000/unit and zero vacancy further demonstrates the need for luxury housing less than a block away from campus. To top it off this trophy asset currently has a two-year waiting list and is projected to stay fully-occupied for years to come. Furthermore, the property is platted on six separate parcels, and being priced below $250/sf would allow a buyer to strategically sell off two or three units at a time to hedge their investment or realize $2mm+ upside of retail pricing for smaller properties. The project also comes with a transferable builder’s warranty.
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Highlights
- Brand new, Fully Occupied, trophy asset located less than a block from University of Arkansas.
- Campus Edge Townhomes is one of the most walkable market-rate communities in Fayetteville
- Current leases are $150- $200 under the "wait-list" rent rates for the 2025/2026 school year, proving strong continued rent-growth in an undersupplied, high-barrier-to-entry submarket.
- The 16-unit property is comprised of six separate parcels, and by being priced below $250/sf, a new buyer could realize $2mm+ in upside by selling the propery two or three units at a time.
- Ease of management; all utilities are set up, managed, and paid solely by tenants and property comes with a transferrable builder's warranty.
Attachments
Getting around
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Location
- City Fayetteville, AR
- Neighborhood Wilson Park
- Zip Code 72701
Points of Interest
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Phillips 66
0.40 miles
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Conoco
0.60 miles
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Shell
0.66 miles
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Hi-Octane Fuel Xpress
0.96 miles
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Kum & Go
1.10 miles
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E-Z Mart
1.13 miles
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Casey's General Store
1.68 miles
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Flash Market
1.81 miles
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ChargePoint
2.40 miles
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Garland Avenue Parking Garage
0.33 miles
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25 cent lot
0.34 miles
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West Avenue Parking Deck
0.37 miles
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Point 7 Parking Lot
0.45 miles
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Harmon Parking Garage
0.51 miles
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Spring St. Parking Deck
0.53 miles
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Highroller Cyclery
0.55 miles
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Lot 44
0.56 miles
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Parking Deck
0.57 miles
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Municipal Parking Deck
0.83 miles
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Inn at Carnall Hall
0.16 miles
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Dickson Street Inn
0.52 miles
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Graduate by Hilton Fayetteville AR
0.80 miles
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Hi Way Inn Motel
0.82 miles
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Stay-Inn-Style Bed & Breakfast
0.88 miles
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Chief Motel
1.32 miles
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Candlewood Suites
1.66 miles
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Econo Lodge
1.85 miles
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Staybridge Suites
1.86 miles
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Best Western Windsor Suites
1.87 miles
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Oak Plaza
0.57 miles
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Harps
0.61 miles
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Freckled Hen Farmhouse
0.71 miles
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Ozark Natural Foods
0.73 miles
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Walmart Neighborhood Market
0.99 miles
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The Shops at Brick City
1.01 miles
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University Square
2.00 miles
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Walmart Supercenter
2.36 miles
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ALDI
2.54 miles
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Dollar General
2.64 miles
In-Depth Research Available for this Property
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