Linden Court

2420 Linden Avenue, Texarkana, AR 71854

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

(479) 388-0947

broker

Sam Hewitt

GREA

(479) 301-5267

broker

Sean Scott

GREA

(972) 996-6233

broker

Corey Allen

GREA

(479) 231-7833

Location

Getting Around

  • Walk Score ®

    28/100 Car-Dependent

  • Bike Score ®

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

Points of Interest

  • Texarkana

    1.94 miles

  • Exxon

    0.74 miles

  • Murphy USA

    1.10 miles

  • Raceway

    1.44 miles

  • Shell

    1.59 miles

  • Shell

    1.90 miles

  • Valero

    1.98 miles

  • Exxon

    2.00 miles

  • Valero

    2.13 miles

  • E-Z Mart

    2.22 miles

  • Shell

    2.52 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

  • Motel 6

    1.51 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

  • Reggie's Burgers

    0.87 miles

  • Lee's Chinese

    1.10 miles

  • Slim Chickens

    1.11 miles

  • Pizza Hut

    1.14 miles

  • China Inn

    1.15 miles

  • Schlotzsky's

    1.17 miles

  • Sue N' Carol's Kitchen

    1.18 miles

  • Long John Silver's

    1.19 miles

  • KFC

    1.31 miles

  • Cattleman's Steak House

    1.36 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

  • Orr School

    1.31 miles

  • Booker T Washington High School

    1.35 miles

  • Saint Edwards School

    1.42 miles

  • Edward D Trice Elementary School

    1.46 miles

Frequently Asked Questions

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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