2402 Short Beech St | Texarkana, AR 71854
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2402 Short Beech St
Texarkana, AR 71854
Texarkana 65 · Multifamily Property For Sale
·
65 Units
INVESTMENT HIGHLIGHTS
- Well-maintained, primarily brick property with new roofs and desirable unit-mix.
- Located in the desirable Glendale Historic District of Texarkana where remodeled homes regularly sell for over $300,000.
- ExxonMobil is planning to build one of the world's largest lithium processing facilities in the area
- Property has maintained a 97%+ average occupancy for the last three years due to below market rents.
- New buyer has the ability to increase rents $150+ with minimal Cap-Ex, along with significant operational upside
PROPERTY FACTS
| No. Units | 65 | Lot Size | 1.67 AC |
| Property Type | Multifamily | Building Size | 49,145 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1953 |
| Zoning | Multi-Family - Multi Family | ||
| No. Units | 65 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.67 AC |
| Building Size | 49,145 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1953 |
| Zoning | Multi-Family - Multi Family |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 30 | - | - |
| 2+2 | 8 | - | - |
| 2+1.5 | 2 | - | - |
| 1+1 | 25 | - | - |
PROPERTY TAXES
| Parcel Number | 3770030 | Improvements Assessment | $130,060 |
| Land Assessment | $15,250 | Total Assessment | $145,310 |
PROPERTY TAXES
Parcel Number
3770030
Land Assessment
$15,250
Improvements Assessment
$130,060
Total Assessment
$145,310
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