Texarkana, AR 71854 - Miller County

Going-in cap rate over 7% with very attractive basis. Well-Maintained, Value-Add Opportunity, with below market rents, currently 100% occupied. New buyer has the ability to increase rents $125 with minimal Cap-Ex, coupled with significant operational upside through improved management. Ability to Increase ancillary income $20,000 per year by implementing market-standard practices such as utility billback, pet fees & pet rent, app & admin fees, etc. Market drivers in Texarkana include industrial and manufacturing medical institutions, and educational campuses.

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