$5,050,000
$5,500,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
1000-1051 N Molly Ct Fayetteville, AR 72701
39,550 SqFt
Key Details
Sold Price $5,050,000
Property Type Townhouse
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 39,550 sqft
Price per Sqft $127
Subdivision Mitchell Add
MLS Listing ID 1301043
Sold Date 06/27/25
Style Split Level,Traditional
Construction Status 25 Years or older
HOA Y/N No
Year Built 1993
Annual Tax Amount $32,730
Lot Size 1.425 Acres
Acres 1.425
Property Sub-Type Apartment
Property Description
Location, location, location! 36 Unit Apartment Complex for sale located 0.6 miles (appx 15 minute walk) from the University of Arkansas which recorded an enrollment population of 33,610 in September 2024, also 0.3 miles (appx 6 minute walk) from Wilson Park which features multiple sports courts/playground/public pool, and 0.2 miles (appx 4 minute walk) from the nearest Razorback Greenway Trail access (at Frisco Trail) which connects 40 miles of multi-use paved pathways. Multiple floorplans including 15 studios, 4 one bedrooms, 9 two bedrooms, and 8 three bedroom townhomes (attached garages are included at the 3 bedroom townhomes). Units are well-maintained and always in demand. Occupancy is usually 97-100%, rarely are there vacancies. This is a unique opportunity to purchase a turn-key property in one of the hottest rental locations in Arkansas.
Location
State AR
County Washington
Community Mitchell Add
Direction Molly Court is the private street that the community sits on and runs between Gregg Avenue and Adams Street.
Rooms
Basement Finished, Walk-Out Access
Interior
Interior Features Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Other, Pantry, Window Treatments
Heating Electric, Gas
Cooling Electric, Gas
Flooring Carpet, Concrete, Luxury Vinyl Plank
Fireplaces Type Gas Log
Fireplace Yes
Window Features Vinyl,Blinds
Appliance Counter Top, Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Disposal, Gas Water Heater, Ice Maker, Refrigerator, Range Hood, Washer, PlumbedForIce Maker
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Concrete Driveway
Parking Features Attached
Fence Partial
Community Features Biking, Curbs, Park, Shopping, Sidewalks, Trails/Paths
Utilities Available Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, Sewer Available, Water Available
Roof Type Metal
Street Surface Paved
Road Frontage Private Road, Public Road, Shared
Garage Yes
Building
Lot Description Central Business District, City Lot, Landscaped, Near Park, Sloped
Story 2
Foundation Block, Slab
Water Public
Architectural Style Split Level, Traditional
Level or Stories Two, Three Or More, Multi/Split
Structure Type Aluminum Siding,Vinyl Siding
New Construction No
Construction Status 25 Years or older
Schools
School District Fayetteville
Others
Security Features Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
Special Listing Condition None
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