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Foxfire Apartments 1701 S West End St 182 Unit Apartment Building $7,250,000 ($39,835/Unit) Springdale, AR 72764
Investment Highlights
- Centrally located in Northwest Arkansas
- Easy access to Hwy 412, Hwy 71-B, and I-49
- Value-add opportunity
Executive Summary
The property features significant embedded upside, with approximately $12,263 per month ($147,000 annually) in loss-to-lease, offering organic NOI growth without the need for renovation capital. It is centrally located in the heart of Northwest Arkansas, providing close proximity to major employers such as Tyson Foods Headquarters, numerous corporate offices, and Northwest Health Hospital. This presents a compelling value-add opportunity to capitalize on rising rents driven by strong in-migration throughout the region. Additionally, the property offers convenient access to key transportation routes, including Highway 412, Highway 71-B, and Interstate 49.
Property Facts
| Price | $7,250,000 | Apartment Style | Garden |
| Price Per Unit | $39,835 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.76 AC |
| No. Units | 182 | Building Size | 57,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1980/2025 |
| Zoning | MF-12 - Medium Density MF/Res District | ||
| Price | $7,250,000 |
| Price Per Unit | $39,835 |
| Sale Type | Investment |
| No. Units | 182 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.76 AC |
| Building Size | 57,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2025 |
| Zoning | MF-12 - Medium Density MF/Res District |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
- Pool
- Property Manager on Site
- Hearing Impaired Accessible
- Vision Impaired Accessible
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $775.00 | 500 |
| 1+1 | 38 | $779.00 | 600 |
| 1+1 | 32 | $761.00 | 700 |
| 2+1.5 | 110 | $1,087 | 1,080 |
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Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 815-28994-000 | Improvements Assessment | $884,480 |
| Land Assessment | $47,000 | Total Assessment | $931,480 |
Property Taxes
Parcel Number
815-28994-000
Land Assessment
$47,000
Improvements Assessment
$884,480
Total Assessment
$931,480
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Foxfire Apartments | 1701 S West End St
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