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Investment Highlights

  • Brand new construction!

Executive Summary

Brand new Complex Walking distance to the A&M University Texarkana campus. First Units Delivered March 2026! Starting to lease units. Great for an investor looking for a brand new construction property for minimal maintenance. Property can easily be geared towards student housing, or to the general public. All units are individually metered for water and Electricity. The University is in need of more student housing. Texas A&M University-Texarkana (TAMUT) Is one of the fastest growing campuses in the A&M system, it has experienced significant growth in recent years, including record enrollment and new academic partnerships. They just recently announced a brand new Sport Complex that is set to start construction in the near future, as well as a Brand new Business, Engineering & Technology building that is set to be complete in the Spring of 2026. With all this growth there is and will be more needs for General Staff and student housing close to campus. Within 5 minutes to all shopping, restaurants, & Healthcare. Come be apart of the growth!

Property Facts

Price $5,675,000
Price Per Unit $171,970
Sale Type Investment
Cap Rate 6.84%
No. Units 33
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 2.39 AC
Construction Status Under Construction
Building Size 74,678 SF
No. Stories 2
Year Built 2026

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Wi-Fi
  • Freezer

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Walking/Biking Trails
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 33 $1,475 1,050
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 57824
  • 57825
  • 57823
Land Assessment
$75,000
Improvements Assessment
$0
Total Assessment
$75,000
  • Listing ID: 35082457

  • Date on Market: 3/10/2025

  • Last Updated:

  • Address: 6702 University Ave, Texarkana, TX 75503

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