Commercial Real Estate in Hooks available for sale
Hooks Investment Properties For Sale

Investment Properties for Sale within 50 kilometers of Hooks, TX, USA

More details for 1220 W 7th St, Texarkana, TX - Multifamily for Sale

Magnolia Manor Apartment Complex - 1220 W 7th St

Texarkana, TX 75501

  • Investment Property
  • Multifamily for Sale
  • $1,847,461 CAD
  • 14,549 SF

Texarkana Multifamily for Sale

This motel is in progress to be converted to a multifamily. We are giving an option for it to be sold as either a motel in its state now, or a multifamily and finish the conversion for you. It requires fire sprinklers and a few kitchenettes installed to finish the conversion. The prices we are selling it at are starting points, not limits. Bring your best offer and terms. We value certainty of a close, over squeezing every dollar. This has potential to be a solid, cash flowing asset. We respect speed and win/win deals that make sense for everyone involved. If it works for you, make an offer and we’ll respond with a yes, no, or counter: Asking price as is now, delivered as a motel: 850,000 or best offer Asking price delivered as a multifamily: 1,350,000 or best offer • Unit Mix: 17 efficiency style studio units with kitchen. 1 duplex home (2 units) [1 bed 1 bath downstairs unit, 3 bed 1 bath upstairs unit] located in the center of the property • Additional Assets: Architectural plans and survey included. Management in place for seamless ownership transition. • Solid Brick Structure: Durable, low maintenance construction for long term reliability. • Ample Parking: On site parking available for all tenants. • Turnkey Investment: Fair condition with major systems intact; opportunity to raise rents with additional minor renovations. We've attached a pro forma financial analysis to this listing in a .csv file, to convey to you how this building would perform as a multifamily.

Contact:

Purdy

Property Subtype:

Apartment

Date on Market:

2025-12-03

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More details for 5015 FM 561, Simms, TX - Land for Sale

Recreational Ranch Home with Land in ETX - 5015 FM 561

Simms, TX 75574

  • Investment Property
  • Land for Sale
  • $581,608 CAD
  • 27.88 AC Lot
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More details for 10252 US 82, De Kalb, TX - Land for Sale

10252 US 82

De Kalb, TX 75559

  • Investment Property
  • Land for Sale
  • $410,547 CAD
  • 5.07 AC Lot
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More details for 4824 McKnight Rd, Texarkana, TX - Land for Sale

4.6 Acres For Commercial Development - 4824 McKnight Rd

Texarkana, TX 75503

  • Investment Property
  • Land for Sale
  • $616,978 CAD
  • 4.60 AC Lot
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Investment Properties For Sale

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