Texarkana, TX 75501,1301 Pierre Street
$1,250,000
Est. payment /mo
Est.Price: ?

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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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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Emmanuel Ikharebha • Coldwell Banker Realty
Bought with Emmanuel Ikharebha • Coldwell Banker Realty

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Joshua Hough

+1(972) 757-1837

Broker | License ID: 0564535

Broker License ID: 0564535

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