Property Listing No Longer Available for Sale

3603-3641 McDonald Rd, Tyler, TX

Multi-family for Sale - $1,595,000 - 16,696 Sq. Ft.


Property Info

CIMLS#815686
Location
  3603-3641 McDonald Rd
  Tyler TX 75701
UpdatedJuly 17th, 2015
TypeMulti-family
Price$1,595,000
Building16,696 Sq. Ft.

Property Description

Property consists of 6 duplex buildings (12 units). There are two 3 bedroom / 2.5 bath units, two 3 bedroom / 2 bath units, and eight 2 bedroom / 2 bath units. Tenants pay their own utilities and yard care is provided.

Located within walking distance to University of Texas at Tyler.


Financials

Cap Rate: 7.85%

GRM: 9.92

NOI: $125,257

NI: $ 34,440