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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
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

PROPERTY TAXES

Parcel Number
1-00000-0643-05-001002
Land Assessment
$75,270
Improvements Assessment
$1,479,414
Total Assessment
$1,554,684

zoning

Zoning Code R-MF
R-MF
  • Listing ID: 17047579

  • Date on Market: 8/28/2019

  • Last Updated:

  • Address: 9099 Bellwood Lake Rd, Tyler, TX 75709

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