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Studio Short-Term Rental Unit

3108 Summerhill Place #3099, Fairfield Bay, AR 72088

For Sale
$50,000

A kitchenette, full-size refrigerator, and stacked laundry support residential or rental use.

Property Size480 SF
Price / SF$104.17
Days on Market33

Property Features for 3108 Summerhill Place #3099

General Information

Standard status Active
Size 480 SF
Property subtype Condo/Townhse/Duplex/Apt

Units

Unit Mix 1 x efficiency/studio
Multifamily Units 1

Amenities

wood ceilings
kitchenette
full electric stove
full size refrigerator/freezer
rear deck
washer/dryer

Building Details

Year Built 1985
Listing Agency: Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Listed By: Jad Dowdy
Source: Blairrealtors
Added: Oct 8 Changed: Nov 9 Last Checked: Nov 9 at 7:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate

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Investment Insights

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This 480-square-foot efficiency studio was built in 1985 and has been remodeled. Its kitchenette includes a full electric stove and a full-size refrigerator with freezer. A small deck at the rear faces a wooded area, and a private closet on the deck contains a stacked washer and dryer.

The unit can be used as a residence or as a long-term or short-term rental.

Key Highlights

  • 480‑square‑foot efficiency studio
  • Kitchenette with a full electric stove and full‑size refrigerator/freezer
  • Rear deck overlooking a wooded area

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 72088, AR

2,148
Population
2,090
Households
1
Avg Household Size
65
Median Age
31%
College-Educated
95%
High-School Grad
14.5 sq mi
ZIP Area
148
Density / Sq Mi
$54,508
Median Household Income
$28,272
Median Earnings
$888
Median Rent
$157,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - A kitchenette, full-size refrigerator, and stacked laundry support residential or rental use.
Where is this short term rental property located?
The property is located at 3108 Summerhill Place #3099 Fairfield Bay, AR.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 480‑square‑foot efficiency studio; Kitchenette with a full electric stove and full‑size refrigerator/freezer; Rear deck overlooking a wooded area
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