Magnuson Hotel
5201 N State Line Ave Texarkana, TX 75503
5201 N State Line Ave, Texarkana, TX, 75503
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For Sale
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Magnuson-branded limited-service hotel with 130 exterior-corridor rooms, outdoor pool, breakfast area, and truck parking.
Lot Size3.00 Acres
Days on Market103
Property Features for 5201 N State Line Ave
General Information
- Standard status
- Active
- Lot size
- 3.00 Acres
- Property subtype
- Hospitality
Listing agency
Marcus & Millichap - Dallas
Listed by
Hussain Shaik · License #TX 731095
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 5:28AM Checked: Jul 22 at 7:50AM
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
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Magnuson Hotel Texarkana
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FAQs
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
