Andy Feinour Of Student Quarters Purchases Champions Club In Fayetteville For $23.3M From Ashland Capital
1629 South Razorback Road
$23,300,000
$214/SF
Building Size
108,736 SF
Asset Type
Student Housing
Closing
May 15, 2025
AI
The property asset involved in the transaction is located at 1629 South Razorback Road in Fayetteville, AR. This student housing asset consists of 76 units, totaling 108,736 square feet. The property was acquired for a sale price of $23,300,000, resulting in a per unit price of $306,579 and a price per square foot of $214.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $23,300,000
- Units: 76
- Square Footage: 108,736
- Price Per Unit: $306,579
- Price Per Square Foot: $214
- Buyer: Andy Feinour - Student Quarters
- Seller: Ashland Capital
- Date of Sale: 05/15/2025
In this transaction, Student Quarters, represented by Andy Feinour, purchased Champions Club from Ashland Capital. The property was last sold in 2022 for $15,000,000, demonstrating a significant increase in value since its previous transaction.
Players
Fayetteville Student Housing Market Snapshot
Boundary boundary · Student Housing · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93