5717 Park Ave - Apartments FOR SALE


Fort Smith, AR 72903- Fort Smith Northside
$17,750,000 USD
832-623-1993
5717 Park Ave, Fort Smith, AR for Sale
$17,750,000 USD
Apartments - FOR SALE
1/23
null | 6.5% Cap Rate

5717 Park Ave
Fort Smith, AR 72903
Fort Smith Northside


OVERVIEW

University Park Place is a 48-unit, purpose-built student housing community strategically located within a 5-minute walk to the University of Arkansas–Fort Smith campus. Fully furnished 4-bedroom, 4-bathroom townhomes with individual, by-the-bed leasing, catering directly to student renters. Each unit offers modern, highly desirable amenities including private bedrooms and bathrooms, stainless steel appliances, wood-style flooring, in-unit washer and dryer sets (two per unit), walk-in closets, and fully furnished living spaces with large-screen TVs. Community features are outdoor grilling areas, fire pit pergolas, pet-friendly spaces, and planned resident events, enhancing tenant retention and lifestyle appeal. The asset is positioned as one of the most affordable off-campus housing options in the market while maintaining strong unit quality and competitive amenities.

FOR SALE DETAILS

PRICE

$17,750,000 USD

PRICE/SF

$184 USD /SF

# OF UNITS

48

PRICE/UNIT

$369,792

CAP RATE

6.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

University Park Place 24 Duplexes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.06 AC

LAND SF

220,414 SF

ZONING

Multifamily

APN/PARCEL ID

11264-0001-00000-00

ASK ABOUT THIS PROPERTY

Cheryl GarnerKeller Williams Platinum RealtyMore Info
832-623-1993

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Cheryl GarnerKeller Williams Platinum RealtyMore Info
832-623-1993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.