12036 State Highway 64, Tyler TX, 75704

Active

12036 State Highway 64

Tyler TX, 75704

$2,150,000

$216.38 per sqft

Active

5 Beds

3 Baths

9,936 sqft

Multi-family

Built in 2024

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.

24004151

MLSⓇ ID

March 25, 2024

Listed

August 23, 2024

Updated

Map

12036 State Highway 64
Tyler TX, 75704

Interior Features

Total Stories: 1
Bedrooms: 5
Total Bathrooms: 3
Interior Features: Vinyl
Appliances: Electric Oven, Electric Range, Refrigerator, Microwave
Floor Description: Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Electric, Central

Exterior/Building Features

Lot Size: 1.19 Acres
Roof: Aluminum, Composition, Metal
Sewer: Public Sewer

School Information

High School: Tyler High
Elementary School: Dixie

Other Property Details

Days on Market: 114
Garage: No
Parking: Concrete, Gravel
View: No
County: Smith
Water Source: Public
Pool: No
Zoning: Single Family

Listing History

Date	Event	Price
7/17/2024	Price change	$2,150,000 -9%

Courtesy of Fischer Davis, Drake Real Estate & Investments

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.

Data last updated: 8/23/2024, 11:54 AM UTC.