# 5717 Park Avenue, Fort Smith, AR 72903

> **TL;DR:** residential multi family, $17,750,000 ($184/sqft), built 2020, 96,720 sqft.
> A/C. Est. $76,917/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $17,750,000 |
| Price/sqft | $184 |
| Square Feet | 96,720 |
| Year Built | 2020 |
| Lot Size | 220,414 sqft (5.06 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $76,917 |
| **Total** | **$76,917** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2020
- 5.06 acre lot
- 2 stories

## Description

### Agent Description
University Park Place is a 48-unit, purpose-built student housing community strategically located within a 2-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.

## Location

- **Address:** 5717 Park Avenue, Fort Smith, AR 72903
- **County:** Sebastian
- **Neighborhood:** University Park Place
- **Coordinates:** 35.37791, -94.36975
- **Google Maps:** https://www.google.com/maps?q=35.37791,-94.36975

## Listing Agent

- **Name:** Cheryl Garner
- **Brokerage:** Keller Williams Platinum Realty
- **Phone:** 4794343000
- **Email:** cherylgarner@kw.com

## Primary Photo

![5717 Park Avenue - Primary Photo](http://lh.rdcpix.com/6333a754b72a6d4dd35ee59797acd736l-f1460875999r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/5717-park-avenue-fort-smith-ar-72903-1341890)*

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**MLS#:** 1341890 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5717-park-avenue-fort-smith-ar-72903-1341890)

---

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