5102 N State Line Ave | Texarkana, AR 71854
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5102 N State Line Ave
Texarkana, AR 71854
Baymont by Wyndham Texarkana · Hospitality Property For Sale
·
44,912 SF
INVESTMENT HIGHLIGHTS
- This opportunity presents an investor the ability to acquire the property at a price well below replacement cost, at less than $33,000 per key.
- The property features modern and updated facilities, designed to enhance the guest experience, as well as reduce operational expenses.
- The property is located near the Texas, Arkansas, Louisiana, and Oklahoma state borders along I-30, supporting a stream of steady lodging demand.
- The property contains onsite living space for an owner/operator.
- The hotel’s RevPAR penetration index remained above 100.0% from 2018 through 2022, demonstrating its resilience and ability to capture market share.
- Robust economic development occurring in the area including TexAmericas Center attracting tech companies and developing green energy data centers.
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
PROPERTY TAXES
| Parcel Number | 2240010 | Improvements Assessment | $469,630 |
| Land Assessment | $142,450 | Total Assessment | $612,080 |
PROPERTY TAXES
Parcel Number
2240010
Land Assessment
$142,450
Improvements Assessment
$469,630
Total Assessment
$612,080
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