Sedona Hills

SVN Oak Realty Advisors is pleased to present this Offering Memorandum for Sedona

Hills, a 193-unit multifamily property located at 4615 Summerhill Road, Texarkana, TX. Built in 1976, the 153,616 SF property offers a compelling investment opportunity with a diverse unit mix and a range of amenities including a swimming pool, fitness center, and clubhouse. The property has a Year 1 Pro-Forma NOI of $888,777, with the potential for increased returns through strategic rent adjustments, as current rents are below market compared to nearby similar properties.

The investment presents compelling upside, with pro forma projections showing a stabilized Year 2 Pro-Forma NOI of $1,104,543. Planned renovations are expected to yield an average rent premium of $113 per upgraded unit, boosting revenue and overall asset value. The deal underwrites to a 7.23% cap rate in Year 1 and delivers a ROI of 7.38%

With total capital expenditures estimated at $251,600—or approximately $1,304 per unit—the business plan is laser-focused on targeted interior upgrades and amenity enhancements. Sedona Hills is centrally located near CHRISTUS St. Michael Health System, Texas A&M University-Texarkana, and I-30, in a stable, supply-constrained submarket with 94% average occupancy and over 50% renter households. Limited new development and strong local employment drivers position the asset for sustained rent growth and long-term value creation.