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12036 State Highway 64

Active

Tyler TX 75704

100% occupied and newly constructed 14-unit multi-family investment opportunity on Hwy 64 just outside of Tyler's West Loop 323. Fantastic passive income opportunity in Tyler, TX. Close to many commercial retailers, Tyler High School, and Walmart Supercenter. See flyer for more details. 1 single family home, 3 duplexes, and 7 luxury cottages — 9,936 leasable sqft. New gravel driveway. 2024 Projected Financials: $188,580 Gross Annual Income | $160,880 NOI | 7.48% CAP. 100% occupied, low maintenance, turn-key, ready to cash flow. Private entrance, mix of covered / uncovered parking pads, individual mailboxes. 15,853 Annual Average Daily Traffic. Reach out to the agent for financial documents and more unit details.

Estimated Mortgage: $14,833/month . Go to mortgage calculator Estimated monthly payment does not include amounts for taxes, insurance premiums and home upgrades. $0 down for Veterans

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12036 State Highway 64

$2,150,000

  • 3 baths
  • 9936 sq ft
  • MLS# : 24004151
  • Built in 2024

Nearby Schools

  • Tyler ISD
    Actual schools may vary. We recommend verifying with the local school district, the school assignment and enrollment process.

    Neighborhood Amenities

    • Grocery Stores

      • Las Palomas Grocery Store

        0.21 mile away

        11839 State Highway 64 W

      • Walmart Supercenter

        1.29 miles away

        3820 State Highway 64 W

      • ALDI

        1.43 miles away

        200 S Southwest Loop 323

      • Super 1 Foods

        1.48 miles away

        113 N Northwest Loop 323

      • Super 1 Foods Pharmacy

        1.48 miles away

        113 N Northwest Loop 323

    • Specialized Stores

      • Walmart Bakery

        1.29 miles away

        3820 State Highway 64 W

      • Sam's Club Bakery

        2.56 miles away

        2025 S Southwest Loop 323

      • Flowers Baking Co

        3.10 miles away

        1200 W Erwin St

      • Natures Own Thrift Store

        3.11 miles away

        1203 W Erwin St

    • Restaurants

      • La Plazita Mexican Restaurant

        0.05 mile away

        11980 State Highway 64 W

      • Krispy Krunchy Chicken

        0.67 mile away

        12675 State Highway 64 W

      • Donut Palace 2

        0.71 mile away

        12691 State Highway 64 W

      • Pizza Hut

        1.14 miles away

        3871 State Highway 64 W

      • Wing Street

        1.14 miles away

        3871 State Highway 64 W

    • Coffee Shops

      • Donut Palace 2

        0.71 mile away

        12691 State Highway 64 W

      • Royal Donuts

        1.47 miles away

        1628 N Northwest Loop 323

      • Starbucks

        1.48 miles away

        113 N Northwest Loop 323

      • Dutch Bros Coffee

        2.13 miles away

        2879 State Highway 31 E

      • Royal Donut

        2.43 miles away

        3213 W Gentry Pkwy

    • Shopping

      • Cato Fashions

        1.14 miles away

        3854 State Highway 64 W

      • It's Fashion Metro

        1.27 miles away

        3810 State Highway 64 W

      • Walmart Supercenter

        1.29 miles away

        3820 State Highway 64 W

      • Hunnypot Boutique

        1.48 miles away

        8805 County Road 1125

      • Family Dollar

        1.53 miles away

        1527 N Northwest Loop 323

    • Bars & Nightlife

      • Empire Lounge

        2.94 miles away

        1326 W Gentry Pkwy

      • Odd Fellows Wine Bar

        3.75 miles away

        220A W Erwin St

      • Black Pearl

        3.83 miles away

        110 W Erwin St

      • Rick's on the Square

        3.84 miles away

        104 W Erwin St

      • Sportszone Bar & Grill

        3.91 miles away

        115 E Erwin St


    Please note this information may vary. If you come across anything inaccurate, please contact us

    Map & Directions

    Mortgage Rates & Offers

    Contact

    Drake Capital, LLC dba Drake Real Estate & Investments

    See Phone Number

    Copyright © 2024 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.