Arbor Vine Apartments 884 Holly St 20 Unit Apartment Building $3,000,000 ($150,000/Unit) Fayetteville, AR 72703

Arbor Vine Apartments offers investors the opportunity to acquire a fully renovated, well-located asset with substantial upside. Located in the heart of Fayetteville, the property is walkable to the University of Arkansas and nearby retail, and just minutes from major employers including Washington Regional Medical Center and Tyson Foods headquarters. Its central location and accessibility to key demand drivers attract both students and young professionals, serving a broad segment of the local renter base.
Despite comprehensive interior and exterior renovations, current rents trail comparable properties by more than $250 per unit. Spacious floor plans, central HVAC, and in-unit washers and dryers provide a competitive amenity set that exceeds many nearby properties. Achieving market rents requires operational enhancements rather than additional capital investment, including improved marketing, proactive rent benchmarking, and implementation of ancillary income streams such as pet rent and administrative fees.
Recent capital improvements include new exterior siding and paint, roofs, decking and stairs, HVAC systems, and full interior renovations featuring updated flooring, countertops, cabinetry, appliances, and bathrooms. Given its renovated condition and Fayetteville’s strong market fundamentals, Arbor Vine is well positioned to generate stable cash flow and long-term appreciation.