1924 St Michael Dr
Texarkana, TX 75503
Studio Inn Texarkana · Hospitality Property For Sale · 26,448 SF

Property Overview: The Studio Inn Texarkana is an independent 71-room, extended-stay hotel. The guest rooms feature a microwave, flat-screen television, a workspace, and in certain rooms, a full-size refrigerator. The hotel also offers an outdoor swimming pool, vending machines, and guest laundry facilities. Location Overview: Texarkana, Texas is located in the northeastern part of the state and is a city that occupies two states including Arkansas. The Studio Inn Texarkana is located centrally off of Interstate 30 just west of the Texas/Arkansas state line. The region is home to diverse industries and demand generators. In 2018, Lionchase Holdings Incorporated announced plans to build a $20 plus million Frigitek facility at TexAmericas (4.3 miles). The development will be a 200,000-square-foot cold storage property which is anticipated to attract additional leads from food processors, manufacturers, and distributors to locate to the region. The TexAmericas Center is 12,000 development-ready acres and approximately three million square feet of commercial and industrial industries that services four states. The Red River Army Depot (18.7 miles) also has a presence in the region and occupies 15,375 acres, houses more than 1,400 buildings, and is host to 16 tenant organizations. In addition, Cooper Tire & Rubber Company (7.5 miles) is a manufacturing facility that is worldwide and reported $2.81 billion in revenues in 2018. Texas A&M Texarkana (4.5 miles) houses international students from more than 20 countries with an enrollment of over 1600 students. The university hosts a multitude of scholastic events, community gatherings, and open houses for future students. Webb Field, the Texarkana Regional Airport (5.6 miles), provides commercial jet service to DFW airport to the four-state region.