2901 County 2347 rd - Dormitory FOR SALE


Tyler, TX 75708
$241,000 USD
903-570-7366
2901 County 2347 rd, Tyler, TX for Sale
$241,000 USD
Dormitory - FOR SALE
1/11
null | Request Cap Rate

2901 County 2347 rd
Tyler, TX 75708


HIGHLIGHTS

  • Unique 29,982 SF property on east side of Tyler Former college dormitory
  • Strategic position just off of Loop 323 with daily traffic count of 27,411
  • Former college dormitory with utilities and infrastructure in place
  • Currently zoned residential–multifamily

OVERVIEW

Strategically positioned on the east side of Tyler at Loop 323 and East Front Street, this former college dormitory offers 29,982 square feet of space on 3.42 acres, making it an ideal property for redevelopment, workforce housing, student housing, or other institutional uses. This one-story building, uniquely designed in a star shape with six wings, was built in 1970 and was initially a nursing home before being converted to housing for 140 college students. All utilities are available onsite, and the sewage system was upgraded by the college in the 2010s. This property offers a prime location in a stable market. Whether repurposed for educational, residential, or institutional use, it provides a versatile space with strong infrastructure in place.

FOR SALE DETAILS

PRICE

$241,000 USD

PRICE/SF

$8 USD /SF

# OF UNITS

1

PRICE/UNIT

$241,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former College Dormitory on 3.42 Acres

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.42 AC

LAND SF

148,975 SF

ZONING

MF

APN/PARCEL ID

1-50000-1402-00-004020

ASK ABOUT THIS PROPERTY

Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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