5 bedroom house for sale
Tyler TX 75704
- Property Type
- House
- Price
- $2,350,000
- Beds
- 5
- Baths
- 3
Overview
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.
Details
- Beds: 5
- Baths: 3
- Price: $2,350,000
- Reference No.: 69885400
- Area: 9,936 sqft
Location
Tyler TX 75704
5 bedroom house for saleRelated Properties
Disclaimer
2024-03-28, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-28, Viewed 0 times.
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