120 37th st - Apartments FOR SALE


Texarkana, AR 71854
$594,900 USD
903-276-9464
120 37th st, Texarkana, AR for Sale
$594,900 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

120 37th st
Texarkana, AR 71854


HIGHLIGHTS

  • 2 Apartment buildings - 8 units
  • Additional 3 .33 acre lots available

OVERVIEW

A Combine package of Apartment and vacant land surrounding it. Existing Units: 6 units are leased with long-term tenants, ensuring stable income. The remaining 2 units were recently vacated and are currently undergoing renovations. The adjoining vacant parcels provide an excellent opportunity to expand the apartment complex. Parcel Information: Parcel ID: 4210980 Parcel ID: 4211010 Parcel ID:4211020 Parcel ID: 4210990 The total annual property tax for all parcels is $2,402. Property is Situated on State Line Ave, a high-traffic & commercialized area surrounded by established anchor businesses. The property is directly adjoining State Line Ave, making it ideal for multifamily or mixed-use expansion. This opportunity combines steady rental income with significant growth potential in a thriving commercial corridor. For further details or to schedule a tour, please contact Manju Pokhrel, 469.471.7919.

FOR SALE DETAILS

PRICE

$594,900 USD

PRICE/SF

$80 USD /SF

# OF UNITS

8

PRICE/UNIT

$74,363

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kreios Apartment

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Teresa LiepmanBHGRE CommercialMore Info
903-276-9464

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Teresa LiepmanBHGRE CommercialMore Info
903-276-9464

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.