towne oaks townhomes

Towne Oaks East Apartments

Home » Properties » Towne Oaks East Apartments

Sold


Occupancy Rate: 85%


Date Purchase: 2018


Purchase Price: 4,500,000


Date Sold: 06-2019


Sold Price: 6,600,000


Holding Period: 1 Year





PALLAVI SHAH

DRE #1382040 | NMLS #353564

Real Estate & Broker | Investment Strategist | Real Estate Planning | Wealth & Legacy Planning


MORE ABOUT THE PROPERTY

Tyler – Texas 75701 | Smith




OVERVIEW

1971(built)
102 units
4.7(land area)
11(no. of building)
2 stories(building type)
1-2(bedroom options)

Towne Oaks East Apartments is a 104-unit apartment property located at 3900 Old Bullard Road in Tyler, TX. The property consists of 11 two-story stucco over wood frame buildings in a mix of one-and two-bedroom configurations. Onsite parking consists of combination of open spaces and carports. The Property has two entrances and exits along Old Bullard Road. The site is 4.87 acres and is generally level and attractively landscaped.

Towne Oaks East Apartments is located in a very desirable area inside the city of Tyler. Adjacent to the property is an upscale residential community with homes valued significantly higher than the Tyler city average. The Property features prominent exposure on Old Bullard Road. The city of Tyler is located in Smith County, one of the fastest growing counties in the state of Texas. The city and surrounding area have experienced steady population and household formations growth, attributable to its employment growth, low cost of living, low crime rate, and the overall quality of life.


FEATURE

  • balcony or porch areas
  • business center
  • carpet in bedrooms
  • ceiling fans
  • fireplaces
  • game room
  • grassy treed areas
  • health club
  • Incandescent lighting
  • laundry facility
  • mini blinds
  • movie theater
  • multi-use room
  • pet friendly
  • playground
  • solid countertops
  • standard appliances
  • wood-look flooring

LOCATION