Magnuson Hotel
For Sale
Contact for pricing
5201 N State Line Ave, Texarkana, TX 75503
Magnuson-branded limited-service hotel with 130 exterior-corridor rooms, outdoor pool, breakfast area, and truck parking.
Property SizeContact for details
Lot Size3.00 Acres
Days on Market120
Property Features for 5201 N State Line Ave
General Information
Standard status
Active
Lot size
3.00 Acres
Property subtype
Hospitality
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1982
Stories
2
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5302
Listed By:
Hussain Shaik · License #TX 731095
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Magnuson Hotel Texarkana is a 130-room, two-story exterior-corridor, limited-service hotel constructed in 1982. The property offers common area amenities including an outdoor pool and a breakfast area, along with parking designed to accommodate larger trucks.
The hotel is located at the intersection of Interstate 30 and Stateline Avenue in Texarkana, Texas, bordering Arkansas and the Texarkana metropolitan area. The listing also notes nearby employers and regional activity, including major health care and retail presence, as well as convention activity in the area.
Offered fee simple and described as unencumbered by a management contract and debt, the property reported trailing twelve-month room revenues exceeding $736,000 with net operating income just under $200,000 (27% of gross revenues) after a 4% capital replacement reserve.
The hotel is located at the intersection of Interstate 30 and Stateline Avenue in Texarkana, Texas, bordering Arkansas and the Texarkana metropolitan area. The listing also notes nearby employers and regional activity, including major health care and retail presence, as well as convention activity in the area.
Offered fee simple and described as unencumbered by a management contract and debt, the property reported trailing twelve-month room revenues exceeding $736,000 with net operating income just under $200,000 (27% of gross revenues) after a 4% capital replacement reserve.
Key Highlights
- Magnuson‑branded limited‑service hotel at 5201 N Stateline Avenue, Texarkana, TX, at I‑30 and Stateline Avenue
- 130‑room, exterior‑corridor, two‑story hotel constructed in 1982, spanning 3 acres
- Outdoor pool, breakfast area, and parking designed to accommodate larger trucks
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 75503, TX
25,547
Population
11,464
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
78.5 sq mi
ZIP Area
325
Density / Sq Mi
$67,733
Median Household Income
$43,508
Median Earnings
$1,185
Median Rent
$214,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Magnuson-branded limited-service hotel with 130 exterior-corridor rooms, outdoor pool, breakfast area, and truck parking.
Where is this hotel located?
The property is located at 5201 N State Line Ave Texarkana, TX.
What are key features of this property?
This property features: Magnuson‑branded limited‑service hotel at 5201 N Stateline Avenue, Texarkana, TX, at I‑30 and Stateline Avenue; 130‑room, exterior‑corridor, two‑story hotel constructed in 1982, spanning 3 acres; Outdoor pool, breakfast area, and parking designed to accommodate larger trucks
