12036 State Highway 64
Tyler, TX 75704
- – beds
- – baths
- – sqft
- ~1 acre lot
- 2024 build
- – on site
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.
Listing courtesy of NTREIS / Drake Real Estate & Investment
Last checked:
Checking…
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Last updated Dec 2, 2024
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MLS# 20571800 —
The Building
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Year Built:2024
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Year Built Details:New Construction - Incomplete
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Patio And Porch Features:Covered, Front Porch
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Accessibility Features:No
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Roof:Composition, Metal
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Foundation Details:Pillar/Post/Pier, Slab, Other
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Levels:One
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Construction Materials:Brick, Siding, Wood, See Remarks
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Building Area Total:9936.00
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Building Area Source:Owner
Interior
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Interior Features:Other, Paneling
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Flooring:Vinyl
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Fireplace Features:None
Location
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Directions:From the intersection of West Loop 323 and St Hwy 64 in Tyler, head west on St Hwy 64. Continue for about 1.35 miles and property will be on the right.
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Latitude:32.35904600
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Longitude:-95.36592200
The Property
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Property Type:Residential Income
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Property Subtype:Multiple Single Units
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Parcel Number:R041309
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Lot Size SqFt:52010.6400
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Lot Size Acres:1.1940
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Lot Size Area:1.1940
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Lot Size Units:Acres
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Fencing:Partial, Wood
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# of Buildings:11
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20571800
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Buyer's Brokerage Compensation:3
Heating & Cooling
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Heating:Central, Electric
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Cooling:Central Air, Electric
Utilities
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Utilities:Cable Available, City Sewer, City Water, Electricity Connected
Appliances
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Appliances:Electric Oven, Electric Range, Microwave, Refrigerator
Schools
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School District:Tyler ISD
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Elementary School:Dixie
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Elementary School Name:Dixie
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Middle School Name:Boulter
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High School Name:Tyler
The Community
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Subdivision Name:NA
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Pool:No
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Association Type:None
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Complex Name:NA
Parking
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Garage:No
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# of Parking Spaces:14
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Parking Features:Off Street, On Site, Paved, Varies by Unit
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/17/24
Jul 17, 2024
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Price Changed | NTREIS | $2,150,000 | -8.5% |
3/27/24
Mar 27, 2024
|
Listed / Active | NTREIS | $2,350,000 |