12036 STATE HIGHWAY 64 W
TYLER, TX 75704
$2,350,000
0 Beds
0 Baths
9,936 Sq Ft
Status Active
MLS# 20571800
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 construction—May or 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.
Details for 12036 STATE HIGHWAY 64 W
$237 / Sq Ft
14 parking spaces
Central, Electric
66 Days on website
1.194 acres lot
Area Information for 12036 STATE HIGHWAY 64 W
