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638 N Whitham Ave
Fayetteville, AR 72701
Whitham Cottages · Multifamily Property For Sale
·
40 Units
Property Facts
| No. Units | 40 | Building Size | 19,610 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2018 |
| Building Class | A | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 1.25 AC | ||
| Zoning | R-3 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 1.25 AC |
| Building Size | 19,610 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2018 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Washer/Dryer
- Ceiling Fans
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Walk-In Closets
- Carpet
- Island Kitchen
- Porch
About 638 N WHITHAM AVE , FAYETTEVILLE, AR 72701
Whitham Cottages has an incredible location providing its resident with an easy walk to the University of Arkansas campus and the lively Dickson Street district, which has many different student bars and restaurants. The location is a highly desirable amenity to the students, which is a major demand driver for tenants. Additionally, the boutique nature of Whitham Cottages offers an investor the ease of a quick lease up. With only 40 beds, the property needs to capture only 0.17% of the total undergraduate student population. Given the lack of common areas and unnecessary amenity space, Whitham Cottages produces a very efficient cashflow with minimal expenses.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 10 | $2,700 | 1,961 |
Property Taxes
| Parcel Number | 765-02356-000 | Improvements Assessment | $733,760 |
| Land Assessment | $64,490 | Total Assessment | $798,250 |
Property Taxes
Parcel Number
765-02356-000
Land Assessment
$64,490
Improvements Assessment
$733,760
Total Assessment
$798,250
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