Colliers is pleased to exclusively present Cypress Flats, a 128-unit investment opportunity in Tyler, TX. Originally built in 1985, this property offers investors the chance to acquire a well-located multifamily asset in one of East Texas' most dynamic and expanding markets. The property has undergone $3.4 million in recent capital improvements, ensuring well-maintained infrastructure while still offering additional value-add potential through targeted interior upgrades and select community enhancements. Strategically positioned just minutes from the University of Texas at Tyler and the newly developed UT Tyler Medical Education Building, Cypress Flats benefits from proximity to a growing student population, faculty housing demand, and an expanding network of healthcare professionals and medical students. Additionally, residents enjoy walking-distance access to restaurants, retail, and grocery stores, making it a highly desirable rental option. Tyler, the largest city in East Texas with a population exceeding 225,000 residents, continues to experience strong economic and population growth. In 2024, USA TODAY named Tyler the best place to live in Texas, further highlighting the city’s appeal for both investors and residents. With its prime location, proven performance, and upside potential, Cypress Flats presents an exceptional investment opportunity in one of Texas' most sought-after secondary markets. *Contact Listing Brokers for more Information*