Azalea Court
- $99,000+ Median Household Income – 1-Mile Radius (CoStar)
- All Duplexes with Each Over 1,000 SF
- 100% Occupied
- Located Just off Highway-69
- Qualifies for Agency Financing
- Downtown Tyler is Undergoing a $25.6 Million Public
- Improvement Project
- Tyler MSA Population ~250,000
Property Description
The Multifamily Group is pleased to present the exclusive offering of Azalea Court, a unique, value-add opportunity in Tyler, Texas. Constructed in 1983, the property consists of 28 units averaging 1,021 square feet. The property features two- and three-bedroom floor plans, each over 1,000 square feet. It is currently 100% occupied, and is being offered free and clear of existing debt.
Location: Located in the heart of Tyler, Azalea Court benefits from strong connectivity to major thoroughfares, including Loop-323 and Highway-69, providing convenient access throughout the city and surrounding areas. The property is situated in a well-established corridor with a median household income of approximately $99,000 within a one-mile radius, highlighting the area’s strong economic profile and desirable tenant base. Within close proximity, residents have access to Walmart, Brookshire’s, CVS Pharmacy, and numerous dining options such as Whataburger, Chick-fil-A, and local restaurants. The property is also just minutes from Broadway Square Mall, one of the region’s retail destinations.
The location provides easy access to downtown Tyler, less than 10 minutes away, where ongoing revitalization efforts continue to enhance retail, dining, and entertainment options. Additionally, the property is near major employment drivers, including CHRISTUS Trinity Mother Frances Health System and UT Health Tyler, both of which anchor the local economy and provide stable workforce demand. Downtown Tyler is currently undergoing a significant multi-phase revitalization effort anchored by a $25.6 million public improvement project led by the City of Tyler and Smith County. This initiative is focused on transforming the downtown core into a more modern, walkable, and economically vibrant district.
Broker Details
The Multifamily Group
972-379-9843
MLS ID: 0635789 State License Number: 0635789
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| No. of Units: | 28 |
| Average Occupancy: | 100 |
| Year Built: | 1983 |
| Building Size: | 28,600 Sq ft |
| Lot Size: | 2.79 Acres |
| Opportunity Zone: | No |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Jon Krebbs | (806) 543-5980 | [email protected] |
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