#1296515, Listing office: Keller Williams Platinum Realty
Property details
About 1000 Futrall Dr
Exceptional investment opportunity near the University of Arkansas! The Nest is a newly renovated 106-unit apartment complex offering luxury at an affordable price. Located less than a mile from campus on 1.75 acres, this all-electric property features 38,028 SF of rentable space and a strong pro forma cap rate of 5.82%. Renovations completed in 2025 provide a modern, attractive setting for tenants, while several value-add opportunities remain for investors. Residents enjoy close proximity to major retail, dining, and campus amenities. One unit is a one-bedroom that could serve as on-site management quarters. Don’t miss this chance to own a turn-key multifamily property in a high-demand university market.
Highlights
Home typeCondominium
HeatingElectric, Other
StatusActive
CoolingElectric
Size38,028 sqft
Lot size1.75 Acres
Year built1995
ParkingParking Lot
MLS #1303904
Summary
- Appliances: Electric Water Heater
- Basement: No
- Flooring Type: Luxury Vinyl Plank
- Parking: Parking Lot
- Exterior: Concrete Driveway
- Heating: Electric, Other
- Cooling: Electric
- List Price: $12,500,000
- Price/SqFt: $328
- Lot: Level
- Directions: From I-49, take Exit 62 (Martin Luther King Jr Blvd) and head east. Turn left on Futrall Drive. Property will be on the left just past the intersection with S Garland Ave. Look for “The Nest” signage.
- Year Built: 1995
- Stories: 2
- Living Area: 38,028 SqFt
- Lot Size: 1.75 Acres
- MLS Number: 1303904
- MLS Name: ARKMLS
- Office Name: Berkshire Hathaway HomeServices Solutions Real Est
- Office Phone: (479) 271-2424
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 12:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
7
Leverett Elementary School
Public District PK-4
1.7 mi
•1124 W Cleveland St
6
Owl Creek Elementary School
Public District PK-4
1.8 mi
•375 N Rupple Rd
7
John M. Asbell Elementary School
Public District PK-4
2.1 mi
•1500 N Sang Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,015. The majority of Fayetteville, AR residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
55%
<35k
42%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
70%
Single, No Kids
9%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
56%
18-34 yrs old
27%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
UFC
Where do the neighbors shop?
Express/Express For Men
Forever 21
Family Dollar
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Burger King
What do the neighbors drive?
Pontiac
Mazda
Buick
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Fayetteville, AR
Fayetteville's transportation infrastructure supports both private and public transit options, catering to the needs of commuters and residents. The city's public transportation system includes buses that operate on a set schedule, facilitating access to key areas within the city. The community is also bike-friendly, with designated bike lanes and trails that encourage cycling as a mode of transport. Major roads and highways connect Fayetteville to neighboring cities and regions, and ongoing investments in transportation aim to enhance the efficiency and accessibility of the city's transport network.
The community is served by a comprehensive array of services designed to meet the needs of its diverse population. Educational opportunities are abundant, with numerous public and private schools providing quality education from elementary through high school levels. Fayetteville also hosts higher education institutions, contributing to the city's educational landscape. Healthcare services are readily available, with several hospitals and clinics offering a range of medical care, from primary to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with an emphasis on locally-owned businesses and farm-to-table dining experiences.
Fayetteville is celebrated for its vibrant community spirit and rich cultural scene. The city prides itself on being home to a variety of local events, including music festivals and art fairs that showcase the creativity and diversity of its residents. The area's character is further defined by its scenic landscapes and well-maintained parks, which offer residents and visitors alike a chance to enjoy outdoor activities and community gatherings throughout the year.
Fayetteville's housing market is diverse, offering a mix of residential options that cater to a range of preferences and budgets. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include modern farmhouses, colonial revivals, and contemporary craftsman homes. The market also features a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Fayetteville is robust, with a majority of residents owning their homes, while a substantial minority opts for renting.
About 1000 Futrall Dr
The listing price of 1000 Futrall Dr property is $12,500,000.
The property 1000 Futrall Dr is a condo located in Fayetteville, Arkansas, 72701.
Active Listing: 1000 Futrall Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1000 Futrall Dr are: Leverett Elementary School (GreatSchools Rating 7/10), Owl Creek Elementary School (GreatSchools Rating 6/10), John M. Asbell Elementary School (GreatSchools Rating 7/10), Ramay Junior High School (GreatSchools Rating 5/10), Woodland Junior High School (GreatSchools Rating 8/10), Greenland Middle School (GreatSchools Rating 6/10), Agee Lierly Life Preparation Services School (GreatSchools Rating 2/10), Fayetteville High School (GreatSchools Rating 5/10), Fayetteville Virtual Academy- District Conversion Charter School (GreatSchools Rating 8/10).
The property at 1000 Futrall Dr has 0 bathroom.
The property 1000 Futrall Dr is 38,028 SqFt (source: MLS/tax record).
The year of construction for 1000 Futrall Dr is 1995.
This home is located at 1000 Futrall Dr in Fayetteville, AR and zip code 72701. This 38,028 square foot home, which was built in 1995, sits on a 1.75 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $12,500,000.
In June 2025 more than 24 listings in Fayetteville, AR were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 61 were sold below. The number of listings in Fayetteville, AR decreased by 7.1% between May and June 2025. The median list price of listings available in June 2025 was $389,900, while the average time on the real estate market was 79 days.
From Rocket Homes Real Estate and based on county public records data.