Improved Commercial Land for Sale in Tyler, Texas
4344 MacNab Dr Tyler, TX 75707
Introducing a rare investment opportunity in the vibrant Tyler area. Omen Hill Villas offers a newly constructed built-to-rent community under a UT Tyler master lease for all 32 units. Call agent for detailed OM and financials. Highlights - 32 Units. 1,896 Heated / Cooled SF Per Unit. 60,672 Total Leasable SF. 100% Occupied. Capitalization Rate: ~ 5.75%. Built in 2023 & 2024. Q.O.Z - Quality Opportunity Zone. Community Features - Garage Parking. Central Mailbox. Gated Neighborhood. Dog Park. Build Specs - Concrete slab foundation. Wood Framing. Brick Exterior. Composite shingle roof. Energy efficient. Covered Patio. Unit Features - Central heat & air. Granite & Quartz countertops. All kitchen appliances. Washer & dryer included. Garage parking. Fully fenced-in backyard. Spray foam insulation.
Directions
From the intersection of Troup Hwy and Shiloh Rd in Tyler, head East on Shiloh Rd. Turn left onto CR 2120 in about 0.85 miles. Then, in approximately 1 mile, turn left onto Macnab Dr. Property entrance will be on the left in about 0.1 miles.
Property details
- County
- Smith County
- Elevation
- 551 feet
- MLS Number
- GTAR 24009094
- Date Posted
Detailed attributes
Listing
- Type
- Commercial
Lot
- Features
- Lawn, Sprinkler System
Structure
- Materials
- Brick Veneer, Brick and Wood, Shingles (Not Wood), Wood
- Cooling
- Central A/C
- Heating
- Central Furnace, Electric
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 2, 2024 | New listing | $12,750,000 | — | GTAR |