2511 E 24th St | Texarkana, AR 71854
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- LoopNet Team
2511 E 24th St
Texarkana, AR 71854
Brook Hollow · Multifamily Property For Sale · 60 Units
Investment Highlights
- $2.1 Million in Value Add Upside – with Interior Modernization and Several Other Income-Producing Opportunities
- Strategically Located Just off U.S. Highway-67 and Interstate-49
- 88% Occupied – Opportunity to Acquire a Nearly Fully Leased Asset
- Median Household Income Is $48,990 in the 3-Mile Radius – 50% of the Population Is Renting
- Well-Positioned Asset Ready for Value-Add Implementation
PROPERTY FACTS
| No. Units | 60 | Building Size | 43,811 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1981 |
| Building Class | C | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 2.50 AC |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.50 AC |
| Building Size | 43,811 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 2.05/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 29 | - | 500 - 900 |
| 2+1 | 31 | - | 890 |
PROPERTY TAXES
| Parcel Number | 00260000 | Improvements Assessment | $213,130 |
| Land Assessment | $13,420 | Total Assessment | $226,550 |
PROPERTY TAXES
Parcel Number
00260000
Land Assessment
$13,420
Improvements Assessment
$213,130
Total Assessment
$226,550
zoning
| Zoning Code | Multi-Family (Commercial) |
| Multi-Family (Commercial) |
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