2402 Beech, Texarkana, AR 71854

  • $3,500,000
  • $3,500,000
2402 Beech, Texarkana, AR 71854
  • Multi-Family
  • Property Type
  • 49145
  • Sqft
  • 1980
  • Year Built
For Sale

2402 Beech, Texarkana, AR 71854

2402 Beech, Texarkana, AR 71854
  • $3,500,000
  • $3,500,000

Description

“Texarkana-65” is a well-maintained, ideally located, multifamily property situated in the historic Glendale neighborhood, in Texarkana, Arkansas. The fully contiguous property consisting of 15 buildings is located at the highly trafficked intersection of County Avenue and 24th Street on the Arkansas side of the MSA, only four blocks from the Texas state line. The property sits on +/- 4.7 acres and is about five minutes from burgeoning downtown Texarkana. Comprised of 65 units in total, the property has a desirable unit mix consisting of 40 two-bedroom units and 25 one-bedroom/one bathroom units. With an idyllic park-like setting comprised of mature oak trees and beautifully restored homes, the property is primed for new ownership to perform a mid-level value-add repositioning (flooring, countertops, & appliances) and increase the below-market rents to competitive levels within the comp set.

Details

Updated on October 2, 2024 at 3:19 am
  • Property ID: hz-7931443
  • Price: $3,500,000
  • Property Size: 49145 Sqft
  • Land Area: 2 Acre
  • Year Built: 1980
  • Property Type: Multi-Family
  • Property Status: For Sale
  • MLS#: 24035356
  • Office Name: GREA-GLOBAL REAL ESTATE ADVISORS BRANCH
  • Agent Name: Corey F Allen
  • MLS Status: Active

Additional details

  • List Agent MLSID: 27325
  • List Office MLSID: 2683
  • Listing Date: 2024-09-25
  • # Half Baths: half_bathroom
  • Annual Taxes: 25000
  • Approx Lot Size: 87120
  • Subdivision: McArthur
  • Possession: At Closing
  • Floors: Ceramic,Partial Carpet,Tile,Vinyl,Wood
  • List Price/Square Foot: 71.22
  • New Construction?: No
  • Exterior Features: Brick,Frame,Metal/Vinyl Siding
  • Foundation: Crawl Space,Slab
  • Kitchen Equipment: Electric Range,Dishwasher,Disposal,Pantry,Refrigerator-Stays,Freezer
  • Roof: Composition
  • Showing Instructions: Call Listing Office/Agent,By Appointment Only
  • Utilities: Sewer-Public,Water-Public,Electric-Municipal
  • Style: Traditional
  • Internet Publication: 3. Yes - without Address
  • Office Identifier: 2683
  • Road Surface: Paved
  • Lot: Level
  • Address 2402 Beech
  • City Texarkana
  • State/county AR
  • Zip/Postal Code 71854
  • Area TEXARKANA
  • Country United States

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Schedule a Tour

Your information

Contact Information

Enquire About This Property

Compare listings

Compare
Crystal Kurylo
  • Crystal Kurylo