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Property view

969 W Holly Street, 
Fayetteville, AR 72703

$950,000


Bed


Bath


4,212

Sq Ft


Single Family

Sold

Listed by

Corey Allen

Bought with Non MLS Sales

Grea-Global Realtor Estate Advisors Branch

479-231-7833

MLS#

1284668

Source:

AR NWAR

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About This Home

969 W Holly Street

969 W Holly is a multifamily property located in core Fayetteville less than a mile from University of Arkansas campus and neighboring popular retail destinations at the corner of Garland and North. The property is comprised of eight one-bedroom, one-bathroom units. The seller deployed significant capital into each unit ranging from $10,000-15,000 replacing HVAC units, water heaters, and making unit upgrades. Most units have new Luxury Vinyl Plank floors and new countertops, as well as stainless steel appliances, upgraded cabinets, and updated bathrooms. The effective in-place rents are well below comp-supported rent premiums that can be achieved by completing unit upgrades where necessary, equating to a $200/mo upside on most units. Current ownership pays water/sewer/trash, but a new owner could bill these back to tenants and further increase NOI. Property can transact alongside it's 10-unit sister property less than a block away, 942 W Holly St, MLS #1284690

Home Facts

Single Family

Built in 1972

Price Summary

1,000,000

$237 per Sq. Ft.

MLS #:

1284668

Sold:

January 6, 2025


Rooms & Interior

Interior

Living Area:

4,212 Sq. Ft.


Structure

Structure

Building Area:

4,212 Sq. Ft.

Year Built:

1972


Lot

Lot Size (Sq. Ft):

16,160


Finances & Disclosures

Finances

Price:

$1,000,000

Price per Sq. Ft:

$237 per Sq. Ft.

Source:AR NWAR
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