Foxfire
Springdale, AR
Overview
Summary
- Price Market
- Address 1701 West End St, Springdale, AR 72764
- # Units 82
- Rentable SF 56,908 SF
- Year Built 1980
Foxfire Apartments is an 82-unit, market-rate multifamily community located in the city of Springdale in Washington County, Arkansas – part of the Fayetteville- Springdale-Rogers metro area. The property was constructed in 1980 and is comprised of 8, two-story apartment buildings with a combination of brick and wood panel siding with flat and pitched roofs. Foxfire offers a variety of spacious one- and two-bedroom floor plans with amenities including individual air conditioning and heat, fully equipped kitchens, vinyl plank flooring, and washer and dryer connections. The common areas feature laundry facilities, pet stations, and two spacious courtyards.
Key Facts
Equidistance from Interstate 49 and burgeoning Downtown Springdale
The property is a short commute to the regions three Fortune 500 companies -Walmart, Tyson Foods, and J. B. Hunt
Stabilized Cap Rate over 9.0% based on Rent Premiums of $125/unit/month achieved through a “mid-level” value-add play
Comparable properties proving top-of-market rents less than a mile away ($925 on 1/1 units and $1050 on 2/1 units).
Average Occupancy across Springdale averages at 98%
Springdale is one of the nation's most affordable places to live with a cost-of-living index 15% below the national average.
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