United StatesTexasTyler12036 State Highway 64

12036 State Highway 64 12036 State Highway 64 Tyler, Texas 75704 United States

$2,150,000
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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...
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Drake Real Estate & Investments

Listing Courtesy of Drake Real Estate & Investments
$2,150,000
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5
Bedrooms
3
Full Baths
9,936 Sq Ft.
Interior
1.194 Acres
Exterior
Duplex Homes
Property type
24004151
Web Id
24004151
MLS ID
NA
Subdivision
Tyler Independent
School District
Dixie
Elementary
Boulter
Middle
Tyler High
High
240
days ago

About 12036 State Highway 64

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.

Listing Courtesy of Drake Real Estate & Investments

Amenities

  • Porch
  • Cedar Siding & Composition Shingle Roof

PROPERTY INFORMATION

Cooling
Central Electric, Other/See Remarks
Heating
Central Electric
Sewer
Public Sewer
Waterfront
No

EXTERIOR

Exterior Features
Patio Covered, Porch
Roofing
Composition, Aluminum/Metal

INTERIOR

Flooring
Vinyl
Interior Features
Other/See Remarks
Listing Courtesy of 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.

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Drake Real Estate & Investments

Listing Courtesy of Drake Real Estate & Investments
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