Kristie Millican
Cell: 817.307.4499
12036 State Highway 64, Tyler
$2,150,000
0 Beds
0 Baths
0 Sqft
1.19 Acres
0 Garages
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.
Essential Information
MLS® #20571800
Price$2,150,000
Bathrooms0.00
Acres1.19
Year Built2024
TypeResidential Income
Sub-TypeMulti Family
StatusActive
Community Information
Address12036 State Highway 64
SubdivisionNA
CityTyler
CountySmith
StateTX
Zip Code75704
Amenities
Parking Spaces14
Utilities
Cable Available, City Sewer, City Water, Electricity Connected
Garages
Off Street, On Site, Paved, Varies by Unit
Interior
Interior FeaturesOther, Paneling
HeatingCentral, Electric
FireplacesNone
Exterior
RoofComposition, Metal
FoundationPillar/Post/Pier, Slab, Other
Construction
Brick, Siding, See Remarks, Wood
School Information
DistrictTyler ISD
ElementaryDixie
MiddleBoulter
HighTyler
Listing Details
AgentMatthew Marshall
OfficeDrake Real Estate & Investment
Property History
Price Reduced from $2,350,000 to $2,150,000
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Listing information last updated on November 28th, 2024 at 11:30pm CST.