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Archived about 5 years ago

$13,000,000

rooms ba

1036 & 741 S Betty Jo & Morningside Dr, Fayetteville, AR 72701

Multiple Occupied

Current Rent **

$812

Projected Rent **

$900

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Package Apartment Deal

121 beautiful 2-bedroom apartments in prime location within 6 min of the university! Includes 60 units at 741 S Morningside Dr which are completely remodeled and 61 two-story townhomes on Betty Jo (some units are completely remodeled, others are upgraded/base model). Please see MLS #1178052 (Betty Jo units) and MLS 1178100 (Morningside units) for full details.

Location:

1036 & 741 S Betty Jo & Morningside Dr, Fayetteville, AR 72701

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.