$1,200,000
bedrooms
0
bathrooms
0
square feet
21,080
Acreage
1.23
Open Houses
-
year built
1956
Full Baths
0
Half Baths
0
Going-in cap rate over 7% with very attractive basis. Well-Maintained, Value-Add Opportunity, with below market rents, currently 100% occupied. New buyer has the ability to increase rents $125 with minimal Cap-Ex, coupled with significant operational upside through improved management. Ability to Increase ancillary income $20,000 per year by implementing market-standard practices such as utility billback, pet fees & pet rent, app & admin fees, etc. Market drivers in Texarkana include industrial and manufacturing medical institutions, and educational campuses.
Location | |
Subdivision | McArthur |
County | Miller |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 24035135
Listing agent:
Corey Allen
Listing broker:
Grea-Global Real Estate Advisors Branch
(479) 231-7833
Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 15 2025 at 2:33 a.m. EST
Kotohomes National
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