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Real Estate and Homes   USA   TX   Tyler Area   Tyler   Single-Family Home   5 BR -

12036 State Highway 64 W | Tyler TX | 7217459171

Fischer Davis

This listing was posted on RealtyWW.

$2,350,000

Home For Sale In Tyler, Texas

Price:
$2,350,000
BR/BA:
5 BR, 3 BA
Location:
12036 State Highway 64 W, Tyler, TX
Description:

Newly renovated/constructed 14-unit multi-family investment opportunity on Hwy 64 just outside of Tyler's West Loop 323. Construction of three remaining structures expected by early Summer 2024 already lined-up with tenants. Fantastic passive income opportunity in Tyler, TX. Close to many commercial retailers, Tyler High School, and Walmart Supercenter. The property includes 1 single family home, 3 duplexes, and 7 luxury cottages for a total of 9, 936 leasable sqft. 3 cottages still under constructionMay / June 2024 completion (tenants pre-approved for move-in upon completion). Annual Pro Forma Metrics: $182, 923 Effective Rental Income (3% Vacancy) | $129, 931 NOI | 5.5% CAP. Currently 100% occupied and ready to cash flow upon construction completion. Reach out to the agent for financial documents and more unit details.For more details: https://realtyww.info/homes_tyler-d524833/for-sale_i69885400
Property Type:
Single-Family Houses
For sale by:
Agent/Broker
Posted:
March 27 on RealtyWW
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More About this Listing: Home For Sale In Tyler, Texas
Home For Sale In Tyler, Texas is a Five Bedroom 3.5 Bath Single-Family Homes for Sale at 12036 State Highway 64 W in Tyler TX. Find other listings like Home For Sale In Tyler, Texas and listings near 12036 State Highway 64 W by searching Oodle Classifieds for Five Bedroom 3.5 Bath Single-Family Homes for Sale in Tyler TX.