528 S Saunders Ave - Hospitality FOR SALE


Tyler, TX 75702
$5,750,000 USD
903-360-5813
528 S Saunders Ave, Tyler, TX for Sale
$5,750,000 USD
Hospitality - FOR SALE
1/13
null | 3.48% Cap Rate

528 S Saunders Ave
Tyler, TX 75702


HIGHLIGHTS

  • Fully Furnished Studio & 1 Bedroom Units
  • Stable Occupancy and Consistent Cash Flow

OVERVIEW

Presenting an exceptional investment opportunity in Tyler, TX, situated just across the street from Christus Trinity Mother Frances Hospital and the Northeast Texas Cancer and Research Institute, and only 0.5 miles from UT Health East Texas. This property is perfectly positioned to meet the housing demand for traveling healthcare professionals and long-term outpatients, capitalizing on the growing need for quality, flexible rental options in a key medical hub.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$220 USD /SF

# OF ROOMS

51

PRICE/ROOM

$112,745 {currency}

CAP RATE

3.48%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hospitality House

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

HM

APN/PARCEL ID

1-50000-0253-00-006010

ASK ABOUT THIS PROPERTY

Hannah TavennerNWP Property ManagementMore Info
903-360-5813

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Hannah TavennerNWP Property ManagementMore Info
903-360-5813

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.