12036 State Highway 64, Tyler, Texas

$2,150,000
Active
12036 State Highway 64, Tyler, Texas
12036 State Highway 64, Tyler, Texas
12036 State Highway 64, Tyler, Texas
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Property Details

MLS ID: 20571800
Status: Active
Price: $2,150,000
Acres: 1.19±
Type: Residential
Address: 12036 State Highway 64
City, State: Tyler, TX
County: Smith County
ZIP Code: 75704
Parcel Number: R041309
Year Built: 2024

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.

Directions: From the intersection of West Loop 323 and St Hwy 64 in Tyler, head west on St Hwy 64. Continue for about 1.35 miles and property will be on the right.

Creager Davis

Creager Davis

Capitol Ranch Real Estate, LLC

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Creager Davis
Capitol Ranch Real Estate, LLC
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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of November 21, 2024 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: November 21, 2024 at 12:00:00 PM UTC

Listed By: Matthew Marshall of Drake Real Estate & Investment