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 | |
Updated | July 17th, 2015 |
Type | Multi-family |
Price | $1,595,000 |
Building | 16,696 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