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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 FEATURES
16 Unit(s)
Utilities : City Sewer,City Water,Curbs,Electricity Available,Electricity Connected,Individual Gas Meter
22 Covered Spaces
Parking Features: Assigned,Attached Carport,Concrete,Covered,Detached Carport,Outside,Shared Driveway
32 Parking Space(s)
Lot Features : Cleared,Corner Lot,Few Trees,Interior Lot,Level
Lot Features : Composition,Flat,Mixed,Shingle
Heating : Central,Fireplace(s)
Cooling: Central Air
Construction Materials: Brick,Siding,Wood
Foundation Details: Slab
Fireplace Features: Living Room
Flooring : Varies
Levels : Multi/Split
Green Verification Count : 0
Title Company Preferred: Spruce Title
PROPERTY DETAILS
Street Address: 3615 Hazel Street
Unit# 3601
City: Texarkana
State: Texas
Postal Code: 75503
County: Bowie
MLS Number: 20714858
Year Built: 1976
Courtesy of Compass RE Texas , LLC
City: Texarkana
State: Texas
Postal Code: 75503
County: Bowie
MLS Number: 20714858
Year Built: 1976
Courtesy of Compass RE Texas , LLC
Courtesy of Rogers Healy and Associates