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University Ave Lofts 6702 University Ave 33 Unit Apartment Building $7,742,062 CAD ($234,608 CAD/Unit) 6.84% Cap Rate Texarkana, TX 75503



Investment Highlights
- Brand new construction!
Executive Summary
Brand new Complex Walking distance to the A&M University Texarkana campus. First Units Delivered March 2026! Starting to lease units. Great for an investor looking for a brand new construction property for minimal maintenance. Property can easily be geared towards student housing, or to the general public. All units are individually metered for water and Electricity. The University is in need of more student housing. Texas A&M University-Texarkana (TAMUT) Is one of the fastest growing campuses in the A&M system, it has experienced significant growth in recent years, including record enrollment and new academic partnerships. They just recently announced a brand new Sport Complex that is set to start construction in the near future, as well as a Brand new Business, Engineering & Technology building that is set to be complete in the Spring of 2026. With all this growth there is and will be more needs for General Staff and student housing close to campus. Within 5 minutes to all shopping, restaurants, & Healthcare. Come be apart of the growth!
Property Facts
| Price | $7,742,062 CAD | Apartment Style | Garden |
| Price Per Unit | $234,608 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 2.39 AC |
| Cap Rate | 6.84% | Construction Status | Under Construction |
| No. Units | 33 | Building Size | 74,678 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2026 |
| Price | $7,742,062 CAD |
| Price Per Unit | $234,608 CAD |
| Sale Type | Investment |
| Cap Rate | 6.84% |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.39 AC |
| Construction Status | Under Construction |
| Building Size | 74,678 SF |
| No. Stories | 2 |
| Year Built | 2026 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Wi-Fi
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 33 | $2,012 CAD | 1,050 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $103,313 CAD | Total Assessment | $103,313 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$103,313 CAD
Improvements Assessment
$0 CAD
Total Assessment
$103,313 CAD
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Presented by
Tx Land & Legacy Realty, LLC
University Ave Lofts | 6702 University Ave
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