736 Old Boston Road

Address: 736 Old Boston Rd, Texarkana, TX 75501, USA

Created date: January 19, 2024

Date last updated: August 21, 2024

The Opportunity: New Heights is a 75-unit, Class A property consisting of the same three-bedroom, two-bathroom with two-car garage floor plans across all units. Each unit is equipped with custom cabinets, black appliances, granite countertops and crown molding in all rooms. A new owner can add value by providing private yards and building an onsite office to free up one non-revenue unit currently used as a leasing office.
The Location: New Heights is a “build-to-rent” community in the growth corridor of Texarkana, TX. It sits directly off three major highways to get in and out of town, to Houston and also across state lines to Arkansas and Louisiana via US Highway 82, Interstate 30 and Interstate 369. The Property is also near Texarkana’s restaurant row and several grocers and retail shopping.
The Debt: The Property is being offered free and clear of existing debt. Please contact Greysteel’s Debt and Structured Finance team to discuss the most efficient financing execution.

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