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2000 E 24th St
Texarkana, AR 71854
Pineview · Multifamily Property For Sale · 56 Units

INVESTMENT HIGHLIGHTS

  • 100% occupied, 56-unit apartment complex located in Arkansas, nestled between Downtown Texarkana and Texarkana Regional Airport.
  • Excellent opportunity to capitalize on a low vacancy rate in a strong market with value-add potential through renovations and rent escalations.
  • There are over 20 shopping centers within a four-mile radius offering excellent accessibility and convenience for tenants.
  • Nearby nationally acclaimed merchants include Starbucks, McDonald’s, Walmart, CVS, Burger King, and more.
  • Positioned within two miles of I-49 and I-30 and five miles of I-396 presenting exceptional regional and national travel.
  • The average household income is $67,113 and the total consumer spending is over $1 billion annually within a 10-mile radius.

PROPERTY FACTS

No. Units 56
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 3.86 AC
Building Size 57,844 SF
Average Occupancy 97%
No. Stories 2
Year Built 1978
Parking Ratio 1.28/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Heating
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Vinyl Flooring
  • Warming Drawer
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Business Center
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Grill
  • Individual Locking Bedrooms
  • Private Bathroom
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 18 - 650 - 750
2+2 37 - 1,025 - 1,100
3+2 2 - 2,500
  • Listing ID: 24424975

  • Date on Market: 11/4/2021

  • Last Updated:

  • Address: 2000 E 24th St, Texarkana, AR 71854

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