8406 Cambridge Rd - Apartments FOR SALE


Tyler, TX 75703
$4,999,999 USD
903-705-7664
8406 Cambridge Rd, Tyler, TX for Sale
$4,999,999 USD
Apartments - FOR SALE
1/36
null | 6% Cap Rate

8406 Cambridge Rd
Tyler, TX 75703


HIGHLIGHTS

  • The Oaks at Cambridge South is offered at a 6% 30-year fixed assumable rate to qualified buyer.
  • Beautiful new construction triplex community living in prime heart of Tyler, TX, location.
  • Minutes to Midway Plaza which feature dining & shopping.
  • The Oaks at Cambridge South's one-mile population is 5,392, a community-driven close-knit suburb.

OVERVIEW

The Oaks and Cambridge South are 98% leased and presented to the market for investment acquisition at a 6% fixed 30-year note, available for a qualified buyer. Nestled off South Broadway, The Oaks at Cambridge South is a modern and well-maintained residential community. Residents experience living in bright, newly built homes with fresh finishes and modern details throughout. The custom-quality construction by Keith Culver Homes, Inc. The Oaks at Cambridge South is located in a convenient yet established area in the heart of Tyler, TX, truly a hidden gem. Residents can work, shop, or dine within minutes of the townhomes. The 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 a refrigerator with an ice maker, dishwasher, glass top range, and microwave/vent hood. These homes are up to date with gorgeous wood plank vinyl flooring and tile throughout. All solid surfaces for easy cleaning and a fresh new home feel. Many finishing touches are shown in these homes, including high ceilings, crown molding, custom-trimmed closets, and nice fans and light fixtures. The pet-friendly outdoor park dog park has nice yardage and privacy fencing. The townhomes are fully built and pre-lease exponentially when openings become available. This highly sought-after location is perfect for diverse resident needs. The owners have built and managed this community and are offering this complex for sale; the perfect opportunity to have a prime investment with a strong rental future.

FOR SALE DETAILS

PRICE

$4,999,999 USD

PRICE/SF

$166 USD /SF

# OF UNITS

16

PRICE/UNIT

$312,500

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Oaks at Cambridge South

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

1-50000-1100-00-002000

ASK ABOUT THIS PROPERTY

Georgette CulverKGM Management LLCMore Info
903-705-7664

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Georgette CulverKGM Management LLCMore Info
903-705-7664

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