901 W 7th Street, Texarkana, TX 75501
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901 W 7th Street, Texarkana, TX 75501
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$ 590,000
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901 W 7th Street Texarkana, TX 75501

0.83 Acres Lot


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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Subdivision City Triggs Add

MLS Listing ID 21217900

Total Fin. Sqft 5994

Year Built 1957

Annual Tax Amount $10,077

Lot Size 0.830 Acres

Acres 0.83

Property Sub-Type Hotel/Motel

Property Description

Value add multifamily opportunity with 17 existing units plus a 3 bedroom 2 bath managers unit. Approximately half of the units are currently leased, providing immediate income while leaving significant upside through lease up and repositioning.
Opportunity to convert the managers unit into additional rentable units, increasing total unit count and overall cash flow. Remaining vacant units offer the ability to renovate, place new tenants and increase rental income.
Once stabilized, the property has the potential to generate strong monthly income based on market rents in the area. Ideal for investors seeking a value add asset with both in place income and future growth.
Conveniently located near downtown Texarkana with quick access to I-30, major employers, shopping and dining. Close proximity to local hospitals and employment centers supports consistent rental demand.

Location

State TX

County Bowie

Zoning Multifamily

Direction From I-30 take exit toward US-59 S State Line Ave. Continue south on State Line Ave then turn right onto W 7th St. Property is on the right at 901 W 7th St Texarkana TX.

Interior

Heating Other

Cooling Other

Flooring Other

Heat Source Other

Exterior

Utilities Available Other

Roof Type Other

Garage No

Building

Foundation Other

Structure Type Other


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Brent Conrad • Conrad Realty
Keisha Willingham

Keisha Willingham

Agent

+1(903) 733-2092

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901 W 7th Street