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2402 Short Beech St
Texarkana, AR 71854

$3,500,000 USD

Apartments For Sale  •  49,145 SF

Property Details

  • Property Type Apartments
  • Total Building Size 49,145 SF
  • Lot Size 1.67 AC
  • Building Class C
  • Year Built 1953
0 Transit Score
46 Walk Score

Highlights

Well-maintained, primarily brick property with new roofs and desirable unit-mix.
Property has maintained a 97%+ average occupancy for the last three years due to below market rents.
Located in the desirable Glendale Historic District of Texarkana where remodeled homes regularly sell for over $300,000.
New buyer has the ability to increase rents $150+ with minimal Cap-Ex, along with significant operational upside
ExxonMobil is planning to build one of the world's largest lithium processing facilities in the area

Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Texarkana Amtrak Station (Texas Eagle - Amtrak) 4 min - 2.1 mi
AirportDriveWalkDistance
Texarkana Regional-Webb Field 10 min - 4.2 mi
Samuel Hewitt 479-388-0947 GREA
Samuel Hewitt 479-388-0947 GREA