For Sale

5201 N State Line | Hotel & Redevelopment Opportunity

5201 North State Line Avenue,
Texarkana, TX 75503

Asset Snapshot

1982
Year Built
2
Floor Count
1
Building Count
3.00 Acres
Land Area

Offering Summary

Investment Overview

The Grand by Capitol O is a 130-room hotel situated on ±2.997 acres with approximately ±49,064 square feet of existing improvements in a strategic location near I-30 and North State Line Avenue. All guest rooms have been renovated within the past year, and the property currently reports approximately 60% occupancy. The property presents an opportunity to acquire an existing hospitality asset with potential for continued hotel operations, repositioning, or future redevelopment/repurposing.


Highlights

  • 130 Guest Rooms
  • ±2.997 Acres
  • ±49,064 SF Existing Hotel
  • All Rooms Renovated Within Past Year
  • Approximately 60% Occupancy
  • 100 Parking Spaces
  • 4 Truck Parking Spaces
  • Swimming Pool
  • Near I-30 & N. State Line Avenue
  • Potential Redevelopment / Repurposing Opportunity
  • Existing Hospitality Investment Opportunity
  • GR (General Retail) Zoning

How it Works

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Listing Syndicated From

RealNex
Accepting Offers
$3,000,000
Asking Price

Investment Sales Broker

Steven Harvey, Broker
NAI American Realty Company

Market Insights