15542 County Road 178 - Apartments FOR SALE


Tyler, TX 75703
$6,800,000 USD
903-520-4069
15542 County Road 178, Tyler, TX for Sale
$6,800,000 USD
Apartments - FOR SALE
1/18
null | 8.54% Cap Rate

15542 County Road 178
Tyler, TX 75703


HIGHLIGHTS

  • 24 Single Family Units Available
  • New Rent Increasing to $1,900 per unit (NOT INCLUDED IN CURRENT NOI!!!)
  • Includes warehouse building at end of cul-de-sac
  • Beautiful private neighborhood

OVERVIEW

Beautiful residential neighborhood with nearby water tower, expansive yards, and well spaced lots. 24 Single Family Units Available NOI does not include Management and Maintenance fees, the property is currently self managed and maintained. Current Rent set at $1,800 per unit (1 out of 24 at $1,700) Escalating to $1,900 per unit Includes warehouse building at end of cul-de-sac that can be used by new owner for storage or rented out for additional income. Reach out to broker for further information on property income and sale details.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$4,690 USD /SF

# OF UNITS

24

PRICE/UNIT

$283,333

CAP RATE

8.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

PARKING SPACES

4

LAND DETAILS

LAND ACRES

9.51 AC

LAND SF

414,165 SF

ZONING

-

APN/PARCEL ID

1-00000-0018-11-007012

ASK ABOUT THIS PROPERTY

Shelia CooperRE/MAX ImpactMore Info
903-520-4069

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Shelia CooperRE/MAX ImpactMore Info
903-520-4069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.