2401 County Ave | Texarkana, AR 71854
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- LoopNet Team
2401 County Ave
Texarkana, AR 71854
Renaissance Square · Multifamily Property For Sale
·
65 Units
INVESTMENT HIGHLIGHTS
- Going-in 7.50% cap rate on trailing T-12.
- Currently 95% occupied.
- Brand new roofs on ~65% of the units.
- In-place rents are an average of $150 below market rents.
- Mix of 1/1 and 2/1 units.
PROPERTY FACTS
| No. Units | 65 | Lot Size | 2.35 AC |
| Property Type | Multifamily | Building Size | 37,272 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1953 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Zoning | MF - Multi-Family | ||
| No. Units | 65 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.35 AC |
| Building Size | 37,272 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | MF - Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Handrails
- Patio
- Recreation Room
- Trash Compactor
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Playground
- Property Manager on Site
- Tenant Controlled HVAC
- Renters Insurance Program
- Bicycle Storage
- Hearing Impaired Accessible
- Maintenance on site
- Online Services
- Vision Impaired Accessible
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 25 | - | 550 |
| 2+1 | 40 | - | 900 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $165,130 | |
| Land Assessment | $18,730 | Total Assessment | $183,860 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$18,730
Improvements Assessment
$165,130
Total Assessment
$183,860
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