University of Arkansas - Fayetteville Student housing projects

[Travis James]

Offering investment opp. for various apartment buildings and lots to build multiunits ranging from $250,000 to $9 MM depending on the number of doors.  These are on the University Campus walking distance, very, very desirable where almost no apartment complexes come up for sale. We have 2 opportunities; 1) 140 x 50 lot with a tear down house; zoning densities allow 6 units; 2 BR apt. will rent for $900 to $1000 per month and there are almost no 2 BR units in the area.  Lot asking price for a quick flip will be $100k.  2) 2 structures on 2 lots (almost 2 acres) currently rented; one structure (SFR) bringing $1,500 per month with potential for $2,000 monthly; 2nd generating $1,000 per month but could be torn down and used for parking during University games ($50 per car- this lot generates nearly $1,000 per day on game day. A 3 BR house across the street that is rented to a resident brings $2,500 monthly. Let us know if you are interested in investing / partnering or funding this deal. The market value for the property could be $150,000 to the right buyer, which would be a developer as a bare lot. This area will provide a lifetime of renters that will never have a vacancy. I can be reached at 4178466455 or [e-mail].