$1,250,000
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18,104 SqFt
SOLD DATE : 12/23/2020
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 18,104 sqft
Price per Sqft $69
Subdivision Hoskins & Smelser Headright Su
MLS Listing ID 14447780
Sold Date 12/23/20
HOA Y/N None
Total Fin. Sqft 18104
Year Built 1982
Annual Tax Amount $16,349
Lot Size 0.940 Acres
Acres 0.94
Property Description
THIS PROPERTY IS A PORTFOLIO SALE WITH MLS #14447776A diamond in the rough investment property in heart of Texarkana. La Tierra apartments is a Value add investment opportunity that has consistently maintain over 95% occupancy and is minutes away from Texarkana college and all the major shopping. This 24 units two story complex consisting of four building was built in 1982. The property feature a mixture of 16 two bedrooms and 8 one bedrooms each individually metered for electric with surface parking. Rental increases have not been made to keep up with the market rent and the property is currently self managed.
Location
State TX
County Bowie
Direction From East Bound 1-30, exit Richmond and Rt on Richmond and right turn on Pierre Street
Interior
Interior Features Cable TV Available, Other
Heating Central, Natural Gas
Cooling Central Air, Electric
Appliance Electric Range
Heat Source Central, Natural Gas
Exterior
Utilities Available Asphalt, City Sewer, City Water, Individual Water Meter
Roof Type Composition
Parking Type Unassigned
Total Parking Spaces 30
Garage No
Building
Story Two
Foundation Slab
Structure Type Frame,Siding
Schools
Elementary Schools Westlawn
Middle Schools Texas
High Schools Texas
School District Texarkana Isd
Others
Ownership Contact Agent
Financing Cash
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Bought with Emmanuel Ikharebha • Coldwell Banker Realty