Linden Court

2420 Linden Avenue, Texarkana, AR 71854

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 53,578.8 SF
  • Units 25
  • Additional Rent Contact for pricing
  • Year Built 1956
  • Date Updated Nov 4, 2024

Linden Court is a 25-unit value-add opportunity in Texarkana, Arkansas consisting of 11 one-bedroom units and 14 two-bedroom units constructed in 1956. The property has consistently remained 100% occupied due to the below market rents. A new buyer will have the opportunity to enter a low basis, historically stabilized, ‘light’ value add opportunity within the Texarkana multifamily market. An additional $15,000 per year of income upside exists simply through implementing both RUBS and market standard other incomes items to increase NOI.

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Attachments

Highlights

  • 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 & pet rent, app & admin fees, etc.
  • Market drivers in Texarkana include industrial and manufacturing medical institutions, and educational campuses.

Contacts

broker

Zac Thomas

GREA

broker

Sam Hewitt

GREA

broker

Sean Scott

GREA

broker

Corey Allen

GREA

Location

Getting Around

  • Walk Score ®

    28/100 Car-Dependent

  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Texarkana, AR
  • Zip Code 71854

Points of Interest

  • Texarkana

    1.94 miles

  • Shell

    0.70 miles

  • Murphy USA

    1.10 miles

  • Raceway

    1.44 miles

  • Valero

    1.98 miles

  • Road Runner

    2.54 miles

  • Flying J

    6.60 miles

  • Executive Inn

    1.08 miles

  • Scottish Inns & Suites

    1.34 miles

  • Americas Best Value Inn & Suites Texarkana

    1.47 miles

  • Shamrock Motel

    1.49 miles

  • Country Host Inn

    1.60 miles

  • Ambassador Inn

    1.70 miles

  • Super 8

    1.82 miles

  • Holiday Inn Express & Suites

    1.82 miles

  • Best Western Plus

    1.86 miles

  • Hampton

    1.87 miles

  • Domino's

    0.54 miles

  • Reggie's Burgers

    0.87 miles

  • Chicken Express

    1.04 miles

  • Sonic

    1.05 miles

  • Lee's Chinese

    1.10 miles

  • China Inn

    1.15 miles

  • Schlotzsky's

    1.17 miles

  • Sue N' Carol's Kitchen

    1.18 miles

  • Cattleman's Steak House

    1.36 miles

  • Lod Ruvalcaba Mexican Restaurant

    1.52 miles

  • Fairview Elementary School

    0.59 miles

  • Vera Kilpatrick Elementary School

    0.68 miles

  • Arkansas High School

    0.72 miles

  • North Heights School

    0.83 miles

  • North Heights Junior High School

    0.85 miles

  • Daniels School

    1.16 miles

  • Booker T Washington High School

    1.35 miles

  • Saint Edwards School

    1.42 miles

  • Edward D Trice Elementary School

    1.46 miles

  • Carver School

    1.51 miles

Frequently Asked Questions

How much does Linden Court cost?

The sale price for Linden Court is available upon request. Contact the listing broker for more information.

What is the total square footage of Linden Court?

Linden Court totals 1 square feet.

When was this property built?

Linden Court was built in 1956.

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Contact Linden Court