Downtown Apartments - Sale

Multi-Family for Sale
Catylist Listing ID: 30336741
Property Subtypes: Mid-Rise
Number of Units: 8 Units
Building Size (RSF): 10,256 SF
Gross Building Area: See Agent
Gross Land Area: 0.46 Acres
Sale Price: $349,500
Unit Price: $43,687.50 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2018

Overview / Comments

Great historical property located in the resurging downtown area. Newly renovated units with long-term tenants for stable cash flow. P/L and rent roll available upon request.

Additional Details

Nearest MSA: Tyler
County: Smith
Percent Occupied: 875%
Property Condition: Good
Number of Stories: 2
Year Built: 1910
Year Renovated: 2017
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,595 63,864 96,958
Median Age: 29.47 32.43 33.92
Households: 4,167 22,834 37,419


Photograph of Listing Agent

Gary Halbrooks

Venue Properties, Inc. GTAR Commercial Member
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