12036 State Highway 64

tyler, Tx 75704

Price: $2,150,000
Property Type: Multi-family
MLS #: 24004151
County: Smith
Year Built: 2024
Bedrooms: Two
Bathrooms: One
Square Feet: 9936
Acres: 1.194
Elementary School: DIXIE
Middle School: BOULTER
High School: TYLERH
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.
CONSTRUCTION
Brick and Wood
Wood/ Frame
Siding
New Construction
Other/See Remarks
COOLING
Central Electric
Other/See Remarks
INTERIOR
Other/See Remarks
KITCHEN EQUIPMENT
Range/Oven-Electric
Microwave
Refrigerator
DRIVEWAY
Concrete
Gravel
FENCING
Wood Fence
FLOORING
Vinyl




Courtesy: Davis, Fischer • Drake Real Estate & Investments • 903-581-3737

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

This content last refreshed on 10/29/2024 08:30 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.