Map of Property

Mitchell Yards

1902 W Mitchell Street, Fayetteville, AR 72701

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 92,338 SF
  • Units 81
  • Year Built 2022
  • Date Updated Mar 27, 2025

Mitchell Yards is an 81-unit, 165-bed student housing community built in 2022, just 800 feet from the University of Arkansas. The property combines townhome-style living with student housing amenities, offering private en-suite bathrooms, luxury finishes, and in-unit washers and dryers.

Notably, 84% of units are two-bedroom, 2.5-bath layouts with two-car garages—a rare feature in a market with parking shortages. Current rents trail comparable properties by $200 per bedroom, presenting immediate upside. Additional revenue opportunities include a utility billback system, smart home upgrades, and enhanced common areas.

With 99% occupancy and 5% rent growth in 2024, Fayetteville’s student housing market is highly undersupplied. Adjusting rents and adding sought-after amenities could boost NOI by nearly $500,000 annually with minimal investment. This is a rare chance to acquire a top-performing asset in a thriving university market.

This is a rare opportunity to acquire a high-performing, modern student housing asset in a thriving university market.

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • Premier Walkable Location: Located 800 feet from University of Arkansas Campus with more than 20 restaurants within a half mile walk.
  • Desirable Luxury Townhomes: Massive townhome and cottage-style floorplans that include attached garages for 85% of units.
  • Strong Performance: 99% occupied and 95% pre-leased with 10% increase in rents.
  • Operational Upside: Ability to increase rents over $200 and implement market-standard other income items (pet rent, utility billback, security and smart home packages).
  • Robust Market Fundamentals: the University of Arkansas has increased enrollment more than 20% over the last five years, and the student housing market realized 99% occupancy and 5% rent growth in 2024.

Contacts

broker
Sam Hewitt

GREA

broker
Zac Thomas

GREA

broker
Ken Wellar

GREA

broker
Steffan Ramos

GREA

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable

  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Fayetteville, AR
  • Neighborhood Dickson Street
  • Zip Code 72701

Points of Interest

  • Kum & Go

    0.59 miles

  • Shell

    0.84 miles

  • Phillips 66

    0.92 miles

  • Conoco

    1.02 miles

  • Flash Market

    1.35 miles

  • Hi-Octane Fuel Xpress

    1.47 miles

  • E-Z Mart

    1.65 miles

  • Casey's General Store

    1.74 miles

  • Murphy USA

    1.93 miles

  • ChargePoint

    2.38 miles

  • Harmon Parking Garage

    0.04 miles

  • 25 cent lot

    0.38 miles

  • West Avenue Parking Deck

    0.41 miles

  • Spring St. Parking Deck

    0.44 miles

  • Highroller Cyclery

    0.46 miles

  • Lot 44

    0.51 miles

  • Lot 56

    0.56 miles

  • Garland Avenue Parking Garage

    0.60 miles

  • Town Center Parking Garage

    0.72 miles

  • Parking Deck

    0.73 miles

  • Inn at Carnall Hall

    0.40 miles

  • Dickson Street Inn

    0.53 miles

  • Stay-Inn-Style Bed & Breakfast

    0.65 miles

  • Graduate by Hilton Fayetteville AR

    0.73 miles

  • Candlewood Suites

    1.20 miles

  • Hi Way Inn Motel

    1.29 miles

  • Staybridge Suites

    1.32 miles

  • Econo Lodge

    1.38 miles

  • Best Western Windsor Suites

    1.39 miles

  • Regency 7 Motel

    1.48 miles

  • Einstein Bros. Bagels

    0.19 miles

  • FujiSan

    0.19 miles

  • Eureka Pizza

    0.21 miles

  • Wes's Barbeque

    0.29 miles

  • Geraldi's

    0.29 miles

  • PLOMO Quesadilla Bar

    0.30 miles

  • Prelude Breakfast Bar

    0.33 miles

  • Tokyo Sushi and Bar

    0.36 miles

  • Jimmy John's

    0.37 miles

  • Chipotle

    0.38 miles

  • Multimedia Resource Center

    0.23 miles

  • Home Economics Building

    0.35 miles

  • Fayetteville High School

    0.43 miles

  • University of Arkansas

    0.47 miles

  • Eastern Avenue Warehouse - Surplus Property

    0.70 miles

  • Ceramics Studio

    0.71 miles

  • Library Storage Annex

    0.72 miles

  • Leverett Elementary School

    0.74 miles

  • Washington Elementary School

    0.79 miles

  • Jefferson Center

    1.01 miles

  • Washington County Head Start

    1.53 miles

  • Fayetteville Child Development Center

    1.68 miles

  • Fayetteville Creative School

    2.09 miles

  • Cedar Crest Academy

    2.73 miles

  • Parkside Playschool

    2.91 miles

  • Just Like Home Childcare

    3.43 miles

  • Butterflies & Frogs

    3.90 miles

  • Kristy's Place

    4.59 miles

  • Pride and Joy Childcare

    5.63 miles

  • Salem Lutheran School

    8.46 miles

Frequently Asked Questions

How much does Mitchell Yards cost?

The sale price for Mitchell Yards is available upon request. Contact the listing broker for more information.

What is the total square footage of Mitchell Yards?

Mitchell Yards totals 92,338 square feet.

When was this property built?

Mitchell Yards was built in 2022.

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