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Angela Cauduro, Broker
HUD VA Information
phone: 817-265-6586
fax: 817-461-3005
http://www.­hudvainfo.com/­
Dallas/Fort Worth Area
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901 7th Street, Texarkana, Texas 75501, USA
List Price: $590,000
Sale price per sqm: 1,059.51 $
Status: ACT
MLS#: 21217900
Property Type: Commercial for sale, Hotel
Property Size: 5,994 sqft (556.843 m2)
Land size: 0.83 sqft (0.08 m2)
Building Size: 5,994 sqft (556.8 m2)
Property Details
1957 Year Built:
Parking / Garage
Parking Lot Parking type:
Remarks
Value add multifamily opportunity with 17 existing units plus a 3 bedroom 2 bath managers unit. Approximately half of the units are currently leased, providing immediate income while leaving significant upside through lease up and repositioning. Opportunity to convert the managers unit into additional rentable units, increasing total unit count and overall cash flow. Remaining vacant units offer the ability to renovate, place new tenants and increase rental income. Once stabilized, the property has the potential to generate strong monthly income based on market rents in the area. Ideal for investors seeking a value add asset with both in place income and future growth. Conveniently located near downtown Texarkana with quick access to I-30, major employers, shopping and dining. Close proximity to local hospitals and employment centers supports consistent rental demand.


Listing by: Conrad Realty

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