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About This Home

This -bedroom, 0-bathroom residential multi family at 5717 Park AVE in Fort Smith, AR is listed for $17,750,000 ($184 per sqft). Built in 2020, the home offers 96,720 sqft of living space on a 5.06 acres lot.

Agent Description

University Park Place is a 48-unit, purpose-built student housing community strategically located within a 5-minute walk to the University of Arkansas-Fort Smith campus. Fully furnished 4-bedroom, 4-bathroom townhomes with individual, by-the-bed leasing, catering directly to student renters.

Each unit offers modern, highly desirable amenities including private bedrooms and bathrooms, stainless steel appliances, wood-style flooring, in-unit washer and dryer sets (two per unit), walk-in closets, and fully furnished living spaces with large-screen TVs.

Community features are outdoor grilling areas, fire pit pergolas, pet-friendly spaces, and planned resident events, enhancing tenant retention and lifestyle appeal. The asset is positioned as one of the most affordable off-campus housing options in the market while maintaining strong unit quality and competitive amenities.University Park Place pres

ents investors with a compelling opportunity to acquire a stabilized, income-producing student housing asset with a proven leasing model, consistent demand drivers, and additional upside through rent growth, operational efficiencies.

Key Features

  • Built in 2020
  • 5.06 acre lot
  • 2 stories

Property Details

2 stories
2020

Amenities

A/C

Monthly Cost Estimate

$94,931/mo

20% down · 6.5% · 30 years

Principal$12,837
Interest$76,917
Insurance$5,177

Estimates only. Actual payments may vary.

Location

5717 Park AVE

Fort Smith, AR 72903

University Park Place

Property Details

Flooring

CarpetVinyl

Pool Features

Porch

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerElectricGarbage DisposalMicrowaveOvenRangeRefrigeratorWasher

Questions & Answers

This null-bedroom, 0-bathroom residential multi family at 5717 Park AVE is listed at $17,750,000 ($184/sqft). The estimated monthly payment is $76,917 based on 20% down at 6.5% interest.

Key features include: Built in 2020, 5.06 acre lot, 2 stories.

This property is listed by Cheryl Garner and can be reached at (479) 434-3000 or klrw1117@kw.com.

CG

Cheryl Garner

Agent at Keller Williams Platinum Realty

(479) 434-3000

Listed by Keller Williams Platinum Realty · View on Broker Site

MLS# 1088155· Source: listhub· Updated 68 days ago

Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5717 Park AVE, Fort Smith, AR 72903

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