Parkway Townhomes — Sale in Texarkana, AR
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Texarkana, AR 71854
Photos
Description
Marcus & Millichap is pleased to present Parkway Townhomes, an 18-unit townhome community in Texarkana, Arkansas. Built in 2022, the property features exclusively two-story residences averaging 1,095 square feet and is currently 100% occupied with an average rent of $1,644 per month. Parkway Townhomes benefits from a differentiated product offering and convenient access to Interstate 49 and Interstate 30. The property is positioned near major employment drivers including healthcare, manufacturing, defense, and education. New ownership can pursue additional revenue through smart-home technology packages and a valet trash program, creating opportunities to enhance ancillary income and NOI. Investment Highlights: • 2022-built townhome community with 18 two-story residences averaging 1,095 SF and current occupancy of 100%. • Parkway Townhomes achieves $1,644 average monthly rent, or $1.50/SF, compared with $1,244 average rent across listed competitors. • New ownership can pursue smart-home technology packages and valet trash to create recurring ancillary income.
Market Context
This multifamily in Texarkana, AR is listed for sale. Compare it against other multifamily listings for sale in Texarkana, AR — view the full market.
Contact
- Alec Schenk · (972) 755-5182 · alec.schenk@marcusmillichap.com
- Nick Fluellen · (972) 755-5214 · nick.fluellen@marcusmillichap.com
- Bard Hoover · (972) 755-5216 · bard.hoover@marcusmillichap.com
- Steve Greer · (225) 376-6729
- John Brickson · (972) 755-5269 · john.brickson@marcusmillichap.com
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