12 Unit Multi-Family- New Construction

Multi-Family for Sale
Catylist Listing ID: 30570727
Property Subtypes: Duplex/Fourplex
Number of Units: 12 Units
Building Size (RSF): 1,200 SF
Gross Building Area: 14,256 SF
Sale Price: $2,550,000
Unit Price: $212,500 Per Unit
Property Use Type: Investment
Building Name: Aria Village
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 3/25/2020

Overview / Comments

Brand new construction on this gated 12-unit community. There are 3 buildings with 4 units in each, totaling 12 units on location. The development is currently in the lease up phase.

Each unit is 2 beds 2 baths and includes a stackable washer and dryer. Tenants pay all utilities.

City of Tyler water and sewer. Whitehouse address and Schools.

Seller is willing to sub-divide and sell individual 4-plexes instead of entire community. There is a POA in place to handle the community.

Additional Details

Nearest MSA: Tyler
County: Smith
Tax ID/APN: 100000074400014001
Total Number of Buildings: 3
Property Condition: Excellent
Number of Stories: 2
Year Built: 2019

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,312 34,470 81,227
Median Age: 36.53 37.18 36.36
Households: 891 14,823 33,244


Photograph of Listing Agent

Cole Ihrig

Patterson Commercial Property Group
GTAR Commercial Member
Photograph of Listing Agent

Russell Patterson

Patterson Commercial Property Group GTAR Commercial Member
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