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5201 N State Line Ave
Texarkana, TX 75503
The Grand by Capital O Texarkana I-30 · Hospitality Property For Sale · 49,064 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.00 AC
Building Size 49,064 SF
No. Stories 2
Year Built/Renovated 1982/2006
Parking Ratio 2.67/1,000 SF
Corridor Exterior
Zoning I - Hospitality Commercial

AMENITIES

  • Fitness Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ABOUT 5201 N STATE LINE AVE , TEXARKANA, TX 75503

Property Overview: The Magnuson Hotel located in Texarkana, Texas, is a 130-room, economy hotel conveniently located off Interstate Highway 30. The two-story hotel has an exterior corridor and was built in 1982. The hotel’s last renovation was in 2006, which included the addition of flat-screen televisions. The hotel amenities include an outdoor pool, community-wide WiFi, complimentary breakfast and dining area, 24-hour front desk, and business services. Location Overview: Texarkana is located on the border between Texas and Arkansas, and the city is made up for the Twin Cities of Texarkana on either side of the state line. Texarkana is the second fastest-growing city in the United States with a population below 500,000. The Magnuson Hotel is positioned at the intersection of Stateline Avenue and Interstate 30 in Texarkana, Texas. Some of the major corporate demand generators include the Red Army River Depot (RADD) located 3.3 miles away, the CHRISTUS St. Michael Health System less than one mile away - across Interstate 30, and numerous other corporate residents. Some of the major nearby attractions and market demand generators are the State Line Post Office and Federal Building (three miles), the Perot Theatre (3.2 miles), the Texarkana Convention Center (1.8 miles), Central Mall (2.2 miles), Texarkana Regional Airport (six miles), and Texarkana College (2.5 miles).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17500003800
Land Assessment
$521,968
Improvements Assessment
$478,032
Total Assessment
$1,000,000
  • Listing ID: 12313966

  • Date on Market: 4/19/2018

  • Last Updated:

  • Address: 5201 N State Line Ave, Texarkana, TX 75503

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