12036 State Highway 64, Tyler, TX 75704

1.19 Lot Acres

Multi-Family - 5 Plus

117 Day(s) on HAR.com

Audio narrative

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.

MLS#

NTREIS-20571800

List Price

$2,150,000

Listing Status

For Sale

Address

12036 State Highway 64

City

Tyler

State

Zip Code

75704

County

Smith County

Subdivision

Property Type

Multi-Family - 5 Plus

Stories

Year Built

2024 /Appraisal District

Lot Size

1.19 Lot Acres/Appraisal District

Property map

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PRESENTED BY

Lillian Hermes Platinum

5 / 5 (39 surveys)

Jason Mitchell Real Estate LLC

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Exterior

Roof

Composition, Metal

Foundation

Other, Pillar/Post/Pier, Slab

Private Pool

Exterior Type

Brick, See Remarks, Siding, Wood

Parking

Off Street, On Site, Paved, Varies by Unit

Fencing

Partial, Wood

Porch

Covered, Front Porch

Utility

Cable Available, City Sewer, City Water, Electricity Connected

Interior

Fireplace

/None

Floors

Vinyl

Cooling

Central Air, Electric

Heating

Central, Electric

Appliances

Electric Oven, Electric Range, Microwave, Refrigerator

Interior

Other, Paneling

Lot information

Lot Size

1.19 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Mortgage

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.