This offering presents an opportunity to acquire a stabilized, income-producing residential portfolio with diversified tenant income, modern improvements, and strong occupancy in East Texas. Strategically positioned on the east side of Tyler at Loop 323 and East Front Street, this 3.42-acre property is ideal for redevelopment for a variety of uses. This one-story building, uniquely designed in a star shape with six wings, was built in 1970 and was initially a nursing home before being converted to housing for 140 college students. All utilities are available onsite, and the sewage system was upgraded by the college in the 2010s. This property offers a prime location in a stable market. However repurposed or redeveloped, it provides a versatile space with strong infrastructure in place.