2420 Linden Ave Texarkana, AR

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Linden Ave, Texarkana, Home For Sale

Price: $1,250,000
Address: 2420 Linden Ave
City: Texarkana
State: AR
Zip:
Fee: No
Provided By: RealtyWW

Description:

Going-in cap rate over 7% with very attractive basis. Well-Maintained, Value-Add Opportunity, with below market rents, currently 100% occupied. New buyer has the ability to increase rents $125 with minimal Cap-Ex, coupled with significant operational upside through improved management. Ability to Increase ancillary income $20, 000 per year by implementing market-standard practices such as utility billback, pet fees and pet rent, app and admin fees, etc. Market drivers in Texarkana include industrial and manufacturing medical institutions, and educational campuses.For more details: https://realtyww.info/homes_texarkana-d530672/for-sale_i76352036

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