Listed by Hat Rack Real Estate
$1,750,000
The Clementine
Details
APN 765-11833-000
Property Type Retail, Hospitality
Sub Type Restaurant, Motel
Square Footage 4,962
Net Rentable (SqFt) 4,962
Units 10
Beds 8
Tenancy Multi
Brand/Tenant Sidecar, Cafe Rue Orleans
Lease Type Modified
Remaining Term 3
Pro-Forma Cap Rate 8.3%
Pro-Forma NOI $145,214
Price per SqFt $353
Class B
Year Built 1950
Year Renovated 2024
Buildings 2
Stories 2
Acreage 0.640
Zoning UC
Investment Type Value Add
Ground Lease No
Sale Condition N/A
Mixed Use STR / F&B Asset | 4,962 SqFt
Marketing description
1150 & 1156 N College Ave sits along one of Fayetteville's most prominent and heavily traveled commercial corridors, serving as a primary north-south artery that connects downtown Fayetteville to the bustling northern business districts. The property benefits from exceptional daily traffic and continuous visibility, making it highly recognizable to locals, university students, and visitors alike. This central midtown location offers quick, convenient access to the University of Arkansas campus, the historic downtown square, and the VA Hospital, positioning the property directly in the flow of the city's daily commerce and tourism.
Investment highlights
- Fully operational 8-unit short-term rental asset
- Two established + operational food and beverage tenants: Sidecar Cocktail Lounge and Cafe Rue Orleans
- ~24,000 vehicles per day
- Two retro masonry buildings built in 1950, renovated in 2024-25
- 8 operational units: 2 king rooms, 6 queen rooms
- Listed on 3 Platforms: Airbnb, VRBO & Furnished Finder
- Fayetteville STR market score 88/100 (AirDNA)
Listing Contacts
Listed by Hat Rack Real Estate
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