Description
Northgate square in texarkana is a a great investment to add to your portfolio! 100% occupied! this 16-unit multifamily complex consists of 8 well-maintained duplexes, each offering covered parking, providing both convenience and added value for tenants. the property features a mix of 2-bedroom and 3-bedroom units, catering to a wide range of tenant preferences. this diversity enhances your rental income potential and ensures a steady stream of occupancy. the current owner has taken great strides to enhance the property’s overall appeal and value. major improvements include multiple new roofs, total remodels of units as they became vacant, and the installation of multiple new hvac systems. the seller invested alot of time and effort into getting the property to where it is, they have consistently been bumping rents to bring to market rates, and remodeling units as needed. still room for more value add with the right ownership and plan in place!
Property Type
Residential IncomeSubdivision
Lexington HeightsCounty
BowieStyle
Residential IncomeAD ID
46767659
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 42
Bathroom Information
- Total Baths: 0
Interior Features
- Other
Appliances
- Other
Utilities
- City Sewer,City Water,Curbs,Electricity Available,Electricity Connected,Individual Gas Meter
Cooling Features
- Central Air
Heating Source
- Central,Fireplace(s)
Fireplace
- Fireplace Features: Living Room
-
Exterior Features
Building Information
- Built Year: 1976
- Building Area Total: 25,086
- Construction: Brick,Siding,Wood
- Roof Type: Composition,Flat,Mixed,Shingle
Foundation
- Slab
Security Features
- Unknown
Construction Materials
- Brick,Siding,Wood
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 2.0500
- Lot Size Units: Acres
- Lot Size Square Feet: 89298.0000
- Lot Size Source: Public Records
- Lot Features: Cleared,Corner Lot,Few Trees,Interior Lot,Level
Property Information
- Property Type: Residential Income
- Property Sub Type: Apartment
- Subdivision: Rochelle Heights
- City: Texarkana
- State: Texas
- Directions: See maps.
- Property Status: Closed
-
Listing Information
Listing Price Information
- Original List Price: $1,650,000
Listing Information
- Possession: Closing/Funding,Lease Outstanding
-
Taxes / Assessments
Tax Information
- Parcel Number: 20300003700
- Tax Block: 7
- Tax Legal Description: ROCHELLE HEIGHTS NORTHGATE SQUARE S17.5 PUBLI
- Unexempt Taxes: $22,258
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage Space: 0
- Parking: 32
- Parking Features: Assigned,Attached Carport,Concrete,Covered,Detached Carport,Outside,Shared Driveway
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Springlkpk
- Middle School: Texas
- High School: Texas
- Intermediate School: Dunbar
- School District: Texarkana ISD
Utility Information
- Utilities: City Sewer,City Water,Curbs,Electricity Available,Electricity Connected,Individual Gas Meter
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BuyOwner last updated this listing 11/17/2024 @ 00:33
- MLS: 443758563
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 42 bedrooms which is recently sold, it has 0 sqft, 2 sized lot, and 0 parking. are nearby neighborhoods.