Property Listing No Longer Available for Sale

2432-2452 Haverhill, Tyler, TX

Multi-family for Sale - $2,100,000 - 15,900 Sq. Ft.


Property Info

CIMLS#815688
Location
  2432-2452 Haverhill
  Tyler TX 75701
UpdatedJuly 17th, 2015
TypeMulti-family
Price$2,100,000
Building15,900 Sq. Ft.

Property Description

This package consists of five duplexes (10 units) located near the University of Texas at Tyler. Two of the duplexes are complete and the other three will be complete within 3-4 weeks. The duplex units are each 4 bedroom / 4 bath with granite counters, stainless appliances in kitchen, full size washer/dryer, built in gas grill, and mini fridges and desks in each bedroom.

Located within walking distance to the University of Texas at Tyler campus. UT Tyler currently has approximately 8,000 students enrolled and is expected to increase its enrollment to 12,000 students within the next 5 years.


Financials

Cap Rate: 7.95%

GRM: 8.34

NOI: $166,948

NI: $ 45,479