12036 State Highway 64 Active

Tyler,TX 75704

$ 2150000

- Bed

0 Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 20571800

Year Built 2024

Lot Size 1.194 Acres

Property Description

100% occupied and newly constructed 14-unit multi-family investment opportunity on Hwy 64 just outside of Tyler's West Loop 323. Fantastic passive income opportunity in Tyler, TX. Close to many commercial retailers, Tyler High School, and Walmart Supercenter. See flyer for more details.

1 single family home, 3 duplexes, and 7 luxury cottages ? 9,936 leasable sqft.
New gravel driveway.
2024 Projected Financials: $188,580 Gross Annual Income; $160,880 NOI; 7.48% CAP.
100% occupied, low maintenance, turn-key, ready to cash flow.
Private entrance, mix of covered & uncovered parking pads, individual mailboxes.
15,853 Annual Average Daily Traffic.



Reach out to the agent for financial documents and more unit details.

Location

State TX

County Smith

Interior

Heating Central,Electric

Cooling Central Air,Electric

Flooring Vinyl

Fireplaces Type None

Exterior

Fence Partial,Wood

Utilities Available Cable Available,City Sewer,City Water,Electricity Connected

Roof Type Composition,Metal

Building

Story One

Foundation Pillar/Post/Pier,Slab,Other

Structure Type Brick,Siding,Wood,See Remarks

Schools

Elementary Schools Dixie

Middle Schools Boulter

High Schools Tyler

School District Tyler Isd

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