1301 N. Gregg Avenue

1301 North Gregg Avenue is a fully entitled, ground-up student housing development opportunity located in Fayetteville, Arkansas (the “Site” or “Project”). Fayetteville is the 2nd-most populous city in Arkansas, the county seat of Washington County, and the most populous city in Northwest Arkansas. Located in a region experiencing drastic growth, Fayetteville (together with Bentonville, Rogers, and Springdale) has transformed from a small town to a center of higher education, culture, commerce, and entrepreneurialism. This region in Northwest Arkansas is the birthplace of Walmart, the headquarters of Tyson Foods, and the home of the University of Arkansas.

Founded in 1871, the University of Arkansas is the flagship of the University of Arkansas System, and its 32,140± students represent 49 states and more than 100 countries. The U of A has 10 colleges and schools offering more than 265 academic programs. The University is consistently ranked among the top public research universities and in the top 10 nationwide for academics. Carnegie Foundation classifies U of A as having the highest possible level of research, placing it among the top 3% of colleges and universities nationwide. The University of Arkansas posts an endowment of $1.75B (FY 2021) and Research Expenditures of $824M (FY 2022). U of A is home to fan favorite and SEC-ranked Razorbacks football team (#11 in 2022; #14 in 2023 AP rankings).  

The Site boasts a premium northeastern location, in contrast to the southern campus housing saturation, offering closer access to the academic and social hubs (Dickson Street) of the University’s main campus, and an appealing suburban atmosphere compared to the rest of the market. 

This is a prime ground-up development site pedestrian to the University of Arkansas, a supply-constrained growing Tier-1, Power-4, SEC-ranked institution. Positioned just 0.75 miles from campus, this 650-bed project is primed to meet the surging demand in a market with limited land availability and provide new ownership with immediate scale in one of the strongest student housing submarkets. 

* Contact Agent for Access to Data Room for Plans, Site Specs & Underwriting Model, as well as Details on Financing Options through Arvest Bank.