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9099 Bellwood Lake Rd
Tyler, TX 75709
Bellwood Lake Apartments · Multifamily Property For Sale · 12 Units
PROPERTY FACTS
No. Units | 12 | Lot Size | 5.00 AC |
Property Type | Multifamily | Building Size | 9,792 SF |
Property Subtype | Apartment | Average Occupancy | 100% |
Apartment Style | Low Rise | No. Stories | 3 |
Building Class | B | Year Built | 2016 |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 5.00 AC |
Building Size | 9,792 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 2016 |
About 9099 Bellwood Lake Rd , Tyler, TX 75709
Multi-family apartments for sale in the growing area of BELLWOOD LAKE. Investors that appreciate an established investment property that offers plenty of room for development and value add should take a close look at this one. This is a 5 acre tract that has access to Hwy 31 and Bellwood Lake Rd. The property has one 3 story apartment building with 12 units and a small manufactured rental home located at the back. 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. Individually metered electric and tenants pay their own electric bill. Please contact listing agent for financials as rent recently increased.
PROPERTY TAXES
Parcel Number | 1-00000-0643-05-001002 | Improvements Assessment | $2,103,919 |
Land Assessment | $107,044 | Total Assessment | $2,210,963 |
PROPERTY TAXES
zoning
Zoning Code | R-MF |
R-MF |
Listing ID: 17047579
Date on Market: 2019-08-28
Last Updated:
Address: 9099 Bellwood Lake Rd, Tyler, TX 75709