12036 State Highway 64 Active Save Request In-Person Tour Request Virtual Tour
Tyler,TX 75704
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 20571800
HOA Y/N None
Total Fin. Sqft 9936
Year Built 2024
Lot Size 1.194 Acres
Acres 1.194
Property 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.
Location
State TX
County Smith
Direction 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.
Interior
Interior Features Other,Paneling
Heating Central,Electric
Cooling Central Air,Electric
Flooring Vinyl
Fireplaces Type None
Appliance Electric Oven,Electric Range,Microwave,Refrigerator
Heat Source Central,Electric
Exterior
Fence Partial,Wood
Utilities Available Cable Available,City Sewer,City Water,Electricity Connected
Roof Type Composition,Metal
Garage No
Building
Story One
Foundation Pillar/Post/Pier,Slab,Other
Level or Stories One
Structure Type Brick,Siding,Wood,See Remarks
Schools
Elementary Schools Dixie
Middle Schools Boulter
High Schools Tyler
School District Tyler Isd
Others
Ownership MYRTLE CREEK PROPERTIES LLC