Development Potential - Fayetteville, AR

Multi-family (RMF 24) Development Opportunity on the edge of the University Campus! Three adjacent parcels of land less than half a mile from the University of Arkansas, shopping/dining entertainment district and only minutes from Dickson Street/Fayetteville Square! This land has the capability for 11-12 units (subject to city approval) for student housing, or to be used as long-term rental units. Two parcels of land each have a 2 bedroom 900 Sq ft rental on them with leases in place. The houses both carry STR licenses. The 3rd lot is cleared and available to develop. Land that is under contract directly to the South on Kaywood Lane has capability for approximately another 8 units. Potential to be bought together as one large property.

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