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1512 S Razorback Rd - 20 Condos - Baum Crossing 20 Unit Apartment Building Offered at $7,495,000 Fayetteville, AR 72701
Investment Highlights
- Great location for students, parents and alumni near university staduims, walking trails, easy access from I49!
- Upscale granite counters and open floorplans with ensuite bathrooms and walk-in closets gives feeling of home and relaxation.
- Secure, 2-car garages allows safe home entry and sheielded from weather.
Executive Summary
The geography doesn't get much better! Directly across the street from U of A Diamond Hogs Baum Stadium. 2, 3 & 4-Bedrooms, 3-story Townhome-style condominiums with secure garages, contemporary, open floor plan design, ensuite bathrooms, granite countertops, high-end appliances, washer & dryers, programmable thermostats and garage doors, upper level tile flooring deck with iron railing. A parking space for every bedroom. Horizontal property regime.
Fully leased for the 2026-2027 UofA school year with some below market rents inherited from the previous owner. The current owner has recently upgraded several of the units and increased the renewing units to market rates which is in the range of $925 per bed per month. Property was poorly managed and was out of sync with university school cycle. With proper property management and marketing all of the units should return to market lease rates for the 2027-2028 school cycle.
Fully leased for the 2026-2027 UofA school year with some below market rents inherited from the previous owner. The current owner has recently upgraded several of the units and increased the renewing units to market rates which is in the range of $925 per bed per month. Property was poorly managed and was out of sync with university school cycle. With proper property management and marketing all of the units should return to market lease rates for the 2027-2028 school cycle.
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Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Patio
- Vinyl Flooring
- Window Coverings
- Large Bedrooms
Site Amenities
- Laundry Facilities
- Walking/Biking Trails
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 6 | $1,850 | 1,431 |
| 3+3.5 | 9 | $2,775 | 1,624 |
| 4+4.5 | 5 | $3,700 | 2,015 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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1512 S Razorback Rd - 20 Condos - Baum Crossing