Just 1 block from the University of Arkansas, Fayetteville

$699,000
5
4
3,616
sq. ft.
$193
per sq ft
Heated sq ft: 3,616 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Business Stay, City Life, Nature
New Construction: Inquire
Days on Vrolio: 794

Property Description

Beautiful home built in 1941; taken down to studs in 2005 and remodeled again (completely) in 2015. Home is 3616 square feet and offers 5 bdrms and 4 full baths. Huge master suite with additional room/space for office, workout room, nursery; additional ensuite bdrm upstairs; additional room has separate ingress/egress; 2 washer/dryer units stay with house; all furnishings are negotiable. Hardwood flooring throughout main floor. Kitchen has stainless steel appliances, granite countertops, and an oversized island that can seat up to 8 people. Yard has potential for parking income as it has been used as such for University games/events. Potential for income is great as the University always has events/functions going on (academic, music, theater, sports, camps, Walmart yearly shareholder meeting, Greek life events, mom's day, dad's day, etc). Let me provide you with a virtual tour so that we can start preparing your contract today.

Presented by:
Agent:
Gina Swanson
Urban Cottage
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
5
Est Value of Furnishings
$5,000
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Second home for owners to visit their kids in Fayetteville. Kids have moved on, so too are owners.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
2
Additional Indoor Rooms
Attached Garage for No car, Family Room, Mud Room, Multiple Master Suites, Other
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator, Washer, Other
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Real Hardwood
Security
Yes
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
1941
Outdoor Features
Fenced/Gated Yard, Other
View
Other
Backyard Exposure
West
Lot Size
Half acre lot with plenty of room in both front and back for game day or event parking for the University of Arkansas (potential for great additional income), being just 1 block away.
Community Features
Bike Rentals, Other
Tax Amount/Year
$5,290
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Bike Rentals, Other
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
Room for 6-8 cars on back side of house and 20+ in front yard for game day/event parking from University of Arkansas
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
Inquire
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase I\We have preferred to keep it as second home for our family and friends only
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
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Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$500.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$1,500.00
Water/Sewer (Annual)
$1,200.00
Cable/Interbet (Annual)
$1,200.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$5,290.00
Homeowner's Insurance (Annual)
$1,500.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Urban Cottage, 7135987206

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