Multifamily Opportunity Near Downtown
901 W 7th Street Texarkana, TX 75501
For Sale
$590,000
Value-add multifamily property with income and growth potential.
Property Size400 SF
Price / SF$1,475
Days on Market97
Property Features for 901 W 7th Street
General Information
- Standard status
- Active
- Size
- 400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1957
Listing Agency:
Conrad Realty
(800) 448-6030
Listed By:
Brent Conrad · License #0530781
(800) 448-6030
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 5:13PM
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 Conrad Realty
Investment Insights
Based on property information with market context.
This multifamily property presents a value-add opportunity, featuring 17 existing units in addition to a 3-bedroom, 2-bath manager's unit. Approximately half of the units are currently leased, providing immediate income while also offering significant upside through lease-up and repositioning. There is an opportunity to convert the manager's unit into additional rentable units, increasing the total unit count and overall cash flow. The remaining vacant units offer the ability to renovate, place new tenants, and increase rental income. Once stabilized, the property has the potential to generate strong monthly income based on market rents in the area. This property is ideal for investors seeking a value-add asset with both in-place income and future growth. It is conveniently located near downtown Texarkana, with quick access to I-30, major employers, shopping, and dining. The property's proximity to local hospitals and employment centers supports consistent rental demand. The property size is 400 square feet.
Key Highlights
- Value‑add opportunity with significant upside through lease‑up and repositioning of vacant units.
- Existing income from currently leased units provides immediate cash flow.
- Potential to convert manager's unit into additional rentable units, increasing total unit count.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sands Motel
Hotel & Motel
Berrys Gift Shop
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Apartment building - Value-add multifamily property with income and growth potential.
Where is this apartment building located?
The property is located at 901 W 7th Street Texarkana, TX.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Value‑add opportunity with significant upside through lease‑up and repositioning of vacant units.; Existing income from currently leased units provides immediate cash flow.; Potential to convert manager's unit into additional rentable units, increasing total unit count.
