2402 Short Beech St - Apartments FOR SALE
Texarkana, AR 71854 |
2402 Short Beech St
Texarkana, AR 71854
HIGHLIGHTS
- Well-maintained, primarily brick property with new roofs and desirable unit-mix.
- Property has maintained a 97%+ average occupancy for the last three years due to below market rents.
- Located in the desirable Glendale Historic District of Texarkana where remodeled homes regularly sell for over $300,000.
- New buyer has the ability to increase rents $150+ with minimal Cap-Ex, along with significant operational upside
- ExxonMobil is planning to build one of the world's largest lithium processing facilities in the area
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Texarkana 65
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
49145
STORIES
2
YEAR BUILT
1953
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
3770030
