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Magnolia Manor, a 19-unit multifamily property located at 1220 W 7th St, Texarkana Texas, is located in a prime location in the heart of Texarkana, this property is nestled in the heart of local hotspots, including restaurants, bars, hospitals, and more. Additionally, its proximity to Texarkana Regional-Webb Field Airport and Texarkana State College ensures a steady stream of potential tenants.
Upon acquisition, this property required significant renovations due to its run-down state. Originally an established hotel with a strong online presence and community reputation, it had deteriorated over time. We undertook a comprehensive refurbishment, including unit upgrades, a new phone system, and structural improvements. The property, known for its hundreds of positive Google reviews, has been revitalized. With modern amenities and renewed appeal, it is now well-positioned for sustained success in Texarkana.
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