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405 S Donaghey Ave 6 Acres of Commercial Land Offered at $6,000,000 in Conway, AR 72034
INVESTMENT HIGHLIGHTS
- LOCATED ON UNIVERSITY OF CENTRAL ARKANSAS CAMPUS
- GREAT LOCATION FOR HOTEL, APARTMENTS, MULTI-FAMILY,STRIP SHOPPING CENTER
EXECUTIVE SUMMARY
THE UNIVERSITY IS IN NEED OF STUDENT HOUSING DUE TO A HUGE INCREASE IN ENROLLMENT. THE UNIVERSITY IS CURRRENTLY LEASING FROM APARTMENTS THAT SURROUND THE COLLEGE TO MEET THEIR NEEDS FOR HOUSING. THIS IS IDEA FOR STUDENT HOUSING BUILDING HAS TOTAL WALKABILITY TO ENTIRE CAMPUS WOULD ALSO BE GREAT LOCATION FOR APARTMENTS OR HOTEL.THE UNIVERSITY CONTINUES TO HAVE INCREASES IN ENROLLMENT
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $6,000,000 | Lot Size | 6.00 AC |
| Price Per AC | $1,000,000.00 |
| Price | $6,000,000 |
| Price Per AC | $1,000,000.00 |
| Lot Size | 6.00 AC |
This Apx 6 Acre parcel of land is right on the Campus of University of Central Arkansas Between the Softball Fields and AETN Television, with Donaghey Avenue Frontage. All the structures have been removed from the property and it is ready TO BUILD
DESCRIPTION
THIS PROPERTY HAS PREVIOUSLY BEEN APPROVED FOR STUDENT HOUSING AND CONTRACTOR'S FINANCING FELL THROUGH ALL THE STRUCTURES THAT WERE ON THE PROPERTY HAVE BEEN REMOVED; SO NO DEMOLITION OF STRUCTURES WOULD BE REQUIRED
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405 S Donaghey Ave
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