5100 N State Line Ave | Texarkana, AR 71854
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5100 N State Line Ave
Texarkana, AR 71854
Ramada Inn & Suites and Travelodge, Texarkana · Hospitality Property For Sale
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88,687 SF
INVESTMENT HIGHLIGHTS
- Ramada Suites & Travelodge dual brand by Wyndham with full-service restaurant (former Red Lobster)
- Opportunity to optimize revenue management strategies and leverage the recent renovation to drive rates upward
- Comprehensive CapEx plan of $2M invested with upgraded interiors and exteriors to comply with Ramada brand standards
- Seller is willing to look at all creative financing options including carrying a second loan
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 88,687 SF |
| Property Subtype | No. Stories | 4 | |
| Building Class | B | Year Built/Renovated | 1970/2008 |
| Lot Size | 4.99 AC | Corridor | Interior |
| Zoning | C-3 | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | B |
| Lot Size | 4.99 AC |
| Building Size | 88,687 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1970/2008 |
| Corridor | Interior |
| Zoning | C-3 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- Spa
- Meeting Event Space
- Wedding Venue
- Hot Tub
PROPERTY TAXES
| Parcel Number | 00210100 | Improvements Assessment | $476,610 |
| Land Assessment | $74,940 | Total Assessment | $551,550 |
PROPERTY TAXES
Parcel Number
00210100
Land Assessment
$74,940
Improvements Assessment
$476,610
Total Assessment
$551,550
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