4545 Cowhorn Creek Rd | Texarkana, TX 75503
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4545 Cowhorn Creek Rd
Texarkana, TX 75503
Holiday Inn Express & Suites Texarkana · Hospitality Property For Sale · 49,330 SF
Investment Highlights
- Strong location along Interstate 30, offering great visibility and proximity to Christus St. Michael Health System and many of the area’s top business
- IHG indicates a new 15-year franchise agreement is available
- Strong performance for the Property and Texarkana market during 2020 – Holiday Inn Express & Suites running 60%+ Occupancy YTD
- 2008 vintage property, with substantial renovations over the last couple years to Formula Blue standards – minimal PIP expected
- Offered unencumbered of management
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 49,330 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built | 2007 |
| Lot Size | 2.26 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.26 AC |
| Building Size | 49,330 SF |
| No. Stories | 3 |
| Year Built | 2007 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 23765000201 | Improvements Assessment | $6,248,286 |
| Land Assessment | $689,113 | Total Assessment | $6,937,399 |
PROPERTY TAXES
Parcel Number
23765000201
Land Assessment
$689,113
Improvements Assessment
$6,248,286
Total Assessment
$6,937,399
zoning
| Zoning Code | GR (REAL COMMERCIAL (F1)) |
| GR (REAL COMMERCIAL (F1)) |
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