Active
12036 State Highway 64
Tyler TX, 75704
$2,150,000
$216.38 per sqft
Active
9,936 sqft
Residential
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.
20571800
MLSⓇ ID
November 4, 2024
Updated
Map
12036 State Highway 64
Tyler TX, 75704
Interior Features
Total Stories
1
Interior Features
Other, Paneling/Wainscoting
Appliances
Electric Oven, Electric Range, Microwave, Refrigerator
Floor Description
Vinyl
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
1.19 Acres
Roof
Composition, Metal
Sewer
Public Sewer
School Information
School District
Tyler ISD
High School
Tyler
Elementary School
Dixie
Other Property Details
Days on Market
112
Garage
No
Parking
On Site, Off Street, Paved, Varies by Unit
Parking Total
14
View
No
County
Smith
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
7/17/2024 | Price change | $2,150,000 -9% |
Listed by Matthew Marshall with Drake Real Estate & Investment
Listing Contact: 903-581-3737
The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 11/4/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/4/2024 at 8:38 PM UTC