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.
©2024 Greater Tyler Association of REALTORS. All rights reserved.