1000 S Futrall Drive, Fayetteville, AR 72701 (MLS# 261101)

1000 S Futrall Drive, Fayetteville, AR 72701

$10,500,000

Property Type: MultiFamily Baths: 106 Square Footage: 38,028 Lot Size (sq. ft.): 43,560 Status: Active

Current Price: $10,500,000 List Date: 3/03/2026 Last Modified: 3/03/2026

Overview

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.

Listing Details MLS# 261101

Location, Tax & Legal

Street #: 1000
Direction: S
Street Name: Futrall
Suffix: Drive
County: Washington
State/Province: AR
Zip Code: 72701
Area: 21 - Washington County
Parcel #: 76505364000
Taxes Assessed: Yes
Tax Type: Both
Total Tax: 40140

Contract Info

Listing Price: 10500000
List Price/SqFt: 276.11
In City Limits: Yes
Residential Type: Apartments
Love Letters Accepted by Seller: No
Owner/ Agent: No
Sale/Rent: Sale
Potential Gross Scheduled Rent: 89685

General Property Info

Age: 31 - 50
Total Acres: 1.86
Variable Acres: No
Basement: No
Units: 106
Year Built: 1981
Occupancy: Tenant
Electricity On: Yes
Apx SqFt - Total: 38028
Total Baths: 106
Sq Ft Source: County Tax Records
# Studio Units: 104
# 1 Bdrm Units: 2
School District: Fayetteville
Elementary School: Other
Middle School: Other
Solar: No
Apx SqFt - Warehouse: 0

Remarks Misc

Directions (Starting from): Directions: South from MLK JR Parkway to Futrall Dr, , second property on the east side.

Remarks & Misc

Public Remarks: :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

Property Condition

Existing Structure: Yes

Possession

At Close: Yes

Financing

Cash: Yes
Conventional: Yes

Parking

Private Lot: Yes

Utilities

Electric - City: Yes

Property Features

Property Condition: Existing Structure Possession: At Close Financing: Cash; Conventional Parking: Private Lot Utilities: Electric - City

Listing Office: CHARLES BURT REALTORS

Listing Agent: Kortni Johnson

Last Updated: March - 03 - 2026

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor OZARK GATEWAY ASSOCIATION OF REALTORS shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless.