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12036 State Highway 64
Tyler, Tx 75704

Price: $2,150,000
Property Type: multi-family
Status: Active
MLS #: 24004151
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.
Area: Smith
Year Built: 2024
Bedrooms: Two
Bathrooms: One
Acres: 1.194
CONSTRUCTION : Brick and Wood
CONSTRUCTION : Wood/ Frame
CONSTRUCTION : Siding
CONSTRUCTION : New Construction
CONSTRUCTION : Other/See Remarks
COOLING : Central Electric
COOLING : Other/See Remarks
INTERIOR : Other/See Remarks
KITCHEN EQUIPMENT : Range/Oven-Electric
KITCHEN EQUIPMENT : Microwave
KITCHEN EQUIPMENT : Refrigerator
DRIVEWAY : Concrete
DRIVEWAY : 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 12/23/2024 10:15 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.