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- LoopNet Team
5102 N State Line Ave
Texarkana, AR 71854
Baymont by Wyndham Texarkana · Hospitality Property For Sale
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44,912 SF
INVESTMENT HIGHLIGHTS
- 99-Room, Interior Corridor, Midscale Hotel Built in 1991
- Priced Below Replace Cost at $25,758 Per Key
- Recently Completed Renovation to the Property
- Priced at 3.38 Times 2020 Room Revenue
- Two Manager’s Apartment on Property with 4 Bedrooms, 2 Bathrooms
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1991/2006 |
| Building Class | B | Parking Ratio | 3.65/1,000 SF |
| Lot Size | 2.59 AC | Corridor | Interior |
| Building Size | 44,912 SF | ||
| Zoning | C-2 - Central business district | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.59 AC |
| Building Size | 44,912 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1991/2006 |
| Parking Ratio | 3.65/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 - Central business district |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ABOUT 5102 N STATE LINE AVE , TEXARKANA, AR 71854
Property Overview: The Baymont by Wyndham Texarkana, Arkansas is a 99-room, limited-service hotel conveniently located off Interstate Highway 30. The four-story hotel has an interior corridor and was built in 1991. The hotel offers guests an outdoor pool, business center, and fitness Center. Each guest room offers a flat screen-television with select rooms including a separate living room. Location Overview: The city of Texarkana, Arkansas is located in Miller County. It is approximately 180 miles northeast of Dallas, Texas, and 70 miles north of Shreveport, Louisiana. It effectively functions as one-half of a city that crosses a state line, and the other half, the city of Texarkana, Texas, lies on the other side of State Line Avenue. The hotel is located at 5102 N State Line and is positioned adjacent to Interstate 30. The city, along with its Texas counterpart, forms the core of the Texarkana, Texas-Texarkana, Arkansas Metropolitan Statistical Area, encompassing all of Bowie County, Texas, and Miller County, Arkansas. Several room demand generators are in the region including the Cooper Tire & Rubber Company which is one of the several manufacturing facilities of the brand. Also, the Arkansas Convention Center Texarkana and Texarkana Convention Center are nearby and hosts several private and corporate events throughout the year. The Christus St. Michael Health System is another staple in the market that offers both outpatient and long-term care. Other local demand generators include the Texas A&M University - Texarkana, the Perot Theatre and Wright Patman Lake, and the Texarkana Regional Airport are all within six miles of the hotel. Broker of Record Anne Williams License: AR PB00066390
PROPERTY TAXES
| Parcel Number | 2240010 | Improvements Assessment | $469,630 |
| Land Assessment | $142,450 | Total Assessment | $612,080 |
PROPERTY TAXES
