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Property profile

14195 County Road 192 Tyler, TX 75703

OFF-MARKET
Residential income homes
Property ID
US82-5352070
12,909 SF Built 2023
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Property summary

AI-generated overview

This exceptional investment opportunity presents a newly constructed, Class A, nine-unit multifamily property in desirable South Tyler, Texas. Comprising three triplex buildings totaling 12,909 square feet, this 2023-built portfolio boasts a current 100% occupancy rate with each unit commanding a monthly rent of $1,895. The property features a strong 4.32% cap rate and a net operating income (NOI) of $134,040, resulting in an attractive price per unit of $344,444.44 and a price per square foot of $240.14. The property is situated within a master-planned community and benefits from professional local management, ensuring a low-maintenance investment experience. Further expansion potential exists with three additional zoned lots already equipped with city sewer access, allowing for the construction of three more triplex buildings, significantly increasing the property's value and future income stream. The property is zoned for multi-family use and is located at 14195 County Rd 192, Tyler, TX 75703. This is a rare opportunity to acquire a high-performing, fully occupied multifamily asset with significant upside potential in a rapidly growing market.

Property profile

Verified
Property type Residential income homes
Year built 2023
Total area 12,909 SF
UPID US82-5352070

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14195 County Road 192 Tyler, TX 75703
Tyler metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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