Listing provided courtesy of GREA-Global Realtor Estate Advisors Branch- MLS# 1347279MLS ProviderContact Information: [email protected]

8, 12 S Hill S.Fayetteville, AR 72701

Condo · 11,274 Sq. ft. | 0.67 Acres
$2,600,000 Active

8, 12 S Hill S. Overview

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Flats on Hill is a 14-unit apartment complex master leased by the University of Arkansas, guaranteeing 100% occupied income for the next three years. Located on the southern edge of U of A campus, the Flats are surrounded by the newest and nicest student housing developments and is just blocks away from Dickson Street, the Downtown Square, and the Frisco Trail. Zoned Downtown General (DG), there are endless redevelopment opportunities for the property, as well as significant upside in renovating the existing units. The Flats presents buyers with a unique opportunity to realize guaranteed cashflow for three years before redeveloping or renovating the property upon expiration of the master lease. Listed in conjunction with 1212 S Dunn MLS# 1347224.

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8, 12 S Hill S. Facts & Features

  • Type Condo
  • Sq. ft. 11,274
  • Price/Sq.ft. $231
  • Lot 0.67 Acres

Details

General

Association/HOA

  • Association Fee 2 Frequency: Monthly
  • Association: false

School Information

  • School District: Fayetteville

Income/Expenses

  • Gross Income: 207600.0

Building Information

  • New Construction: false
  • Year Built: 1967
  • Year Built Details: 25 Years or older

Location/Region

  • County Or Parish: Washington
  • Postal City: Fayetteville
  • Subdivision Name: Putman

Community/Development

  • Community Features: Biking,Near Schools,Shopping,Trails/Paths
  • Number Of Units In Community: 14

Tax Information

  • Tax Annual Amount: 11403.0

General Information

  • Parcel Number: 765-09771-000
  • Property Sub Type: Apartment
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: false

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 11274.0

General Information

  • Appliances: Electric Oven,Electric Range,Electric Water Heater,Disposal,Refrigerator
  • Basement: false
  • Fireplace Features: None
  • Fireplace: false
  • Flooring: Carpet,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Levels: Two
  • Living Area: 11274.0
  • Living Area Source: Public Records
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Window Features: Metal

Exterior

Parking Information

  • Parking Features: Parking Lot

Lot Information

  • Lot Features: Cleared
  • Lot Size Acres: 0.67
  • Lot Size Area: 0.67
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick
  • Patio And Porch Features: None
  • Roof: Metal

General Information

  • Carport: false
  • Exterior Features: Concrete Driveway
  • Fencing: None
  • Number Of Units Total: 14
  • Road Frontage Type: Public Road
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Sewer Available,Water Available

8, 12 S Hill S. Neighborhood

Community

72701 (Fayetteville) Demographics

24
Median Age
354
Population Density (per sq. mile)
48%
College Educated
$41,851
Estimated Median Income
6,752
Estimated Total Home Owners
9,903
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8, 12 S Hill S. Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8, 12 S Hill S. Market Data

Based on the last 30 days in this zip code

$654,930
Average List Price
$289
Average Price per Square Foot
49
Properties Sold
98
Average Days on Market
362
Properties for Sale
Calculations provided by Reliance Network

8, 12 S Hill S. History

Date Event Value Agent
6/10/2026Source: Northwest Arkansas MLS Price Reduction
$2,600,000 -7.1%
5/13/2026Source: Northwest Arkansas MLS Added to Database
May 13, 2026