Multifamily For Sale • 53,458 SF
| Comparable properties currently support market rental rates of up to $1.58 per square foot, providing an opportunity to raise the current rental rates |
| Potential for a new owner to increase value and rental rates by adding community amenities such as sport courts, playgrounds, or covered parking |
| Option to purchase additional undeveloped acreage of approximately 2.48 acres, from Ownership that is adjacent to Mineola Garden Apartments |
| Located less than 30 minutes from Tyler and just over 10 minutes from Lindale |
| Convenient access to economic drivers, schools, and major employers such as Mineola ISD, Walmart, and East Texas Architectural Sheetmetal |
| Mineola Garden contains 24 garden style units built in 1984, and East Texas Townhomes contains 35 single-story units built in 1976 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Mineola (Texas Eagle - Amtrak) | 3 min | - | 1.7 mi |
| Airport | Drive | Walk | Distance |
| Tyler Pounds Regional | 36 min | - | 27.1 mi |