819 7Th St, Texarkana, TX 75501
30 Room Hotel | Texarkana, TX 75501 | $500,000 ($16,667/Room)
For Sale
Active
Asking Price $500,000
- Property Type
-
Hospitality
- Square Feet
- 11,511 SF
Listing Contacts
Teresa Liepman
Manju Pokhrel
Property Overview
An opportunity to acquire approximately 11,511 square foot commercial property in Texarkana Texas. This property has various opportunities to be converted. Property can be operated as an Exterior corridor Motel, long term rentals to fulfill the unmet demand for apartments
Property is located within approx. 0.5 miles radius from the major hospital Wadley Regional, and within the close proximity of Downtown.
This offering presents a compelling opportunity to invest in the dynamic real estate market of Texarkana, Texas, a city with a strategic location, strong economic fundamentals, and a diverse range of revenue-generating businesses. With its position as a transportation hub and proximity to major employers, this investment promises attractive returns and sustainable growth.
Property is located within approx. 0.5 miles radius from the major hospital Wadley Regional, and within the close proximity of Downtown.
This offering presents a compelling opportunity to invest in the dynamic real estate market of Texarkana, Texas, a city with a strategic location, strong economic fundamentals, and a diverse range of revenue-generating businesses. With its position as a transportation hub and proximity to major employers, this investment promises attractive returns and sustainable growth.
Property Details
- Class
- C
- Year Built/Renovated
- 1980/2021
- Stories
- 1
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 55,321 SF
- Units
- 30
Highlights
- Located in the heart of downtown
- Brand new roof on all 3 buildings replaced on 2021
- Fully remodeled managers apartment.
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