469-249-9333
736 Old Boston Rd, Texarkana, TX for Sale
Apartments - FOR SALE
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736 Old Boston Rd
Texarkana, TX 75501


HIGHLIGHTS

  • Modern, Class A Build-to-Rent: 75 identical three-bed, two-bath units with garages, built in 2021 and packed with high-end finishes.
  • Value-Add Potential: Opportunity to add private yards and convert the leasing office back into a revenue-generating unit.
  • Prime Access & Flexibility: Located off major highways in Texarkana’s growth corridor; offered free and clear for flexible financing.

OVERVIEW

THE OPPORTUNITY New Heights is a 75-unit, Class A property built in 2021 consisting of the same three-bedroom, two-bathroom with attached two-car garage floor plans across all units. Each unit is equipped with custom cabinets, black appliances, granite countertops and crown molding in all rooms. A new owner can add value by providing private yards and building an onsite office to free up one non-revenue unit currently used as a leasing office. THE LOCATION New Heights is a “build-to-rent” community in the growth corridor of Texarkana, TX. It sits directly off three major highways to get in and out of town to Houston, Dallas, and also across state lines to Arkansas and Louisiana via US Highway 82, Interstate 30 and Interstate 369. The Property is also near Texarkana’s restaurant row and several grocers and retail shopping. THE DEBT The Property is being offered free and clear of existing debt. Please contact Greysteel’s Debt and Structured Finance team to discuss the most efficient financing execution.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

75

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Heights Apartment Homes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

PARKING SPACES

150

LAND DETAILS

LAND ACRES

11.43 AC

LAND SF

497,891 SF

ZONING

COM

APN/PARCEL ID

19060006400

ASK ABOUT THIS PROPERTY

Chris CastilloGreysteelMore Info
469-249-9333

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Chris CastilloGreysteelMore Info
469-249-9333

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