$1,700,000 5880 Chandler Hwy Tyler, TX

MLS: 10112785   Type: Commercial   County: Smith   City: Tyler   Area: Smith   Zip: 75709   Style: Building  

Mortgage $7,981 /mo



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Multi-family apartments for sale in the growing area of BELLWOOD LAKE. This is a 5 acre property consisting of one 3 story building with 12 units and a small manufactured rental home at the back of the property. These are 1 bedroom apartments, 810 sq feet, that come with a bonus room/office and are 100% occupied. All 5 acres are zoned R-MF (multi-family). 4 acres remain to continue development. Currently the apartments are rented for $850 per month. One water meter at apartments and owner pays water bill, but individually metered electric and tenants pay their own electric bill.

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Price History

8/26/2019 Listed $1,700,000

Construction Brick and Wood
Latitude 32.33983
Listing Area Smith
Longitude -95.36875
Number of Buildings 1
Status Active
Street Name Chandler Hwy
Subdivision TX
Waterfront No
Zoning Multi Family Dwelling

Interior Features

Photo Count 10

Exterior Features

Lot Size Area 5

Property Schools

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Gallery (10 photos)

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Property vs Zip Code Avg (75709)

Price 1.70M Avg 316K

Acres 5 Avg 3.49

Visits 19 Avg 18

Days on Site 111 Avg 248

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Listing Provided Courtesy Of: Rob Shipley at Keller Williams Realty-Tyler

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Location & Address

The Judy Kunzman Team
6761 Old Jacksonville Hwy
Tyler, TX