Quantcast
breaking news

More Condos Going Up

By: Liz Hogan
Updated: July 5, 2007
watch video
construction2007-07-05-1183673506.jpgThe Champions' Club Condos will go up right across the street from Baum Stadium. The condos will offer 1, 2, and 3 bedroom floor plans with prices ranging from $185,000 to just under $400,000. With all the condos already available in Fayetteville-- the newly completed Legacy building right on Dickson Street, the Underwood Lofts currently under construction, and plans for even more in the Mill District-- can they compete? "They're going to be competing against amenities. Location used to be a big factor, but now I think it's more amenities and price point," says realtor April Hamm. Hamm has condos just down the street from where the new Champions' Club Condos are slated to go up. She says while the location is ideal for students, it's the price that determines what sells. "If it's priced right and marketed correctly it should sell, however we are a little bit oversaturated for the condos. I think price point is a big factor, right now the cheaper seems to go better." A representative for the Champions' Club Condo developers-- based out of Virginia, says they plan to build 91 units the first year, with an option to build more if needed. Despite the mid to upper level prices, the company is confident they will sell because of the location and views. Hamm says what Fayetteville really needs is more affordable housing. "I think affordable housing is something that sells all day long, you always work with first time home buyers. We've kind of gotten out of that price point and kind of gone to the upper end and I think that that's making it really difficult." The Champions' Club Condos should be complete by fall of next year.

Comments

Related Content

Drug Court saves the county $13,000 per individual who graduates the program....

TULSA, OK - The state medical examiner released the causes of death Friday of the two people killed earlier this week in a boating accident on Grand Lake....

NORTHWEST ARKANSAS-- The Powerball Jackpot is officially the largest in the game's history. jumped to an estimated $600 Million ($376.9Million Cash), making it largest Powerball jackpot ever....

Davy Carter (R-Cabot), speaker of the Arkansas House, says he will not run for governor after weeks of consideration....

The city of Fayetteville's glass recycling program paid off for a local non-profit Friday....

A sinkhole large enough to drive a car into discovered in Benton County just East of Pea Ridge....

BENTON COUNTY, AR-- Flash flooding from early May storms broke a culvert and opened a sink hole in Pea Ridge overnight Friday....

Governor Mike Beebe told KNWA earlier in the week that he would not be choosing sides in the Democratic gubernatorial primary, saying he ...

LITTLE ROCK - The 2013 legislative session was a long and winding road. Along the way was controversial issue, after controversial issue, both good, bad and ugly. From abortion bans to gun control,...

It's American Craft Beer Week, and the people of Northwest Arkansas have plenty of places to celebrate....

 
 
More News
      Page 4 of 6752
 
 
 
©1998 - 2013 Nwahomepage.com
Nexstar Broadcasting, Inc.
All Rights Reserved