4501 Summerhill Rd | Texarkana, TX 75503
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4501 Summerhill Rd
Texarkana, TX 75503
Summerhill Woods Apartments · Multifamily Property For Sale
·
176 Units
INVESTMENT HIGHLIGHTS
- Assumable Fannie Mae Loan at 4.01% Interest Rate - 7 Years Left in the Term
- Majority 2-Bedroom Units
- Braven Environmental Announced they are Building a $145 Million Facility in Texarkana
- High Visibility On Texas State Highway-93 (16,000+ VPD)
- 60% of Units have Upgraded Appliances
- Texarkana ISD has an A-Rating by Niche
PROPERTY FACTS
| No. Units | 176 | Building Size | 129,168 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | B | Parking Ratio | 3.87/1,000 SF |
| Lot Size | 11.20 AC | ||
| Zoning | MF-1 - Zoned for residential use | ||
| No. Units | 176 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 11.20 AC |
| Building Size | 129,168 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 3.87/1,000 SF |
| Zoning | MF-1 - Zoned for residential use |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Fireplace
- Storage Space
- Washer/Dryer
- Bay Window
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Dining Room
- Pantry
- Patio
SITE AMENITIES
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Tennis Court
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 40 | - | 512 |
| 1+1 | 40 | - | 670 |
| 2+2 | 96 | - | 853 |
PROPERTY TAXES
| Parcel Number | 03480001300 | Improvements Assessment | $8,498,173 |
| Land Assessment | $856,494 | Total Assessment | $9,354,667 |
PROPERTY TAXES
Parcel Number
03480001300
Land Assessment
$856,494
Improvements Assessment
$8,498,173
Total Assessment
$9,354,667
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