8406 Cambridge Rd - Apartments FOR SALE


Tyler, TX 75703
$5,200,000 USD
430-205-3982
8406 Cambridge Rd, Tyler, TX for Sale
$5,200,000 USD
Apartments - FOR SALE
1/36
null | 5.77% Cap Rate

8406 Cambridge Rd
Tyler, TX 75703


HIGHLIGHTS

  • 6% 30-YEAR FIXED ASSUMABLE RATE OFFERED TO QUALIFIED BUYER!
  • Beautiful new construction townhome living in prime heart of Tyler location.
  • Minutes to Midway Plaza which feature dining & shopping.
  • Population within a one mile radius is 5,392

OVERVIEW

FULLY LEASED - ASSUMABLE 6% FIXED 30 YR NOTE AVAILABLE for qualified buyer!! Beautiful Townhomes off South Broadway - The Oaks at Cambridge South residential community. Residents experience living in a bright, just built home with fresh finishes and details. Custom quality construction by Keith Culver Homes, Inc. located in a convenient yet established area in the heart of Tyler, TX- these are truly a Hidden GEM. Work, shop or dine within minutes from these townhomes. This well-kept complex is a mix of triplexes and duplexes, built with style, energy efficiency and custom details in mind. Granite countertops in kitchen with stainless appliances, including refrigerator (WITH ICE-MAKER), dishwasher, glass top range and microwave/vent hood. These homes are up to date with gorgeous wood plank vinyl flooring& tile throughout - NO CARPET! All solid surfaces for easy clean and a fresh new home feel. Many finishing touches shown in these homes including high ceilings, crown molding, custom trimmed closets and nice fans and light fixtures! Our dog park says we are Pet Friendly with nice yards and privacy fencing. These townhomes are FULL and have PRE-LEASED when openings have come available. This highly sought after location is perfect for our diverse resident needs. Owners have built and managed this community and are offering this complex for sale. This is the perfect opportunity to have a prime investment with a strong rental future.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

16

PRICE/UNIT

$325,000

CAP RATE

5.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ASSUMABLE FIXED 6% 30 Year Note!

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

2

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,838 SF

ZONING

R2

APN/PARCEL ID

1-00000-0356-00-022000

ASK ABOUT THIS PROPERTY

Keith CulverKGM Management LLCMore Info
430-205-3982

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Keith CulverKGM Management LLCMore Info
430-205-3982

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