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$8,900,500
Est. payment /mo
4.83 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25010985
Construction Status Pre-owned
Year Built 2022
Annual Tax Amount $125,345
Tax Year 2025
Lot Size 4.830 Acres
Acres 4.83
Property Sub-Type Building
Source Greater Tyler Association of REALTORS
Property Description
Strategically positioned along FM 346 just west of downtown Whitehouse, Manchester Heights offers a rare blend of location, quality construction, and strong investment fundamentals. Completed in 2022, this gated multifamily community is only 2 miles from top-rated Whitehouse ISD schools and less than 10 miles from The University of Texas, Tyler and Tyler Junior College making it ideal for families, students and professionals alike. Boasting over 90% occupancy, Manchester Heights is a stabilized, turnkey investment opportunity in a high-income, high-demand area. Residents enjoy luxurious finishes including custom cabinetry, granite countertops, stainless steel appliances, recessed lighting, and durable plank flooring. Each unit also features a garage and private fenced patio, elevating the lifestyle experience. With solid neighborhood demographics and strong leasing momentum, Manchester Heights offers immediate cash flow with additional upside potential. Value-add opportunities include increasing revenue through monthly pet rent, washer/dryer rentals, and other ancillary income streams. Whether you're looking to invest in a high-performing asset or live in refined comfort close to it all, Manchester Heights delivers.
Location
State TX
County Smith
Interior
Furnishings Pre-owned
Building
Lot Description Inside City Limits
Construction Status Pre-owned
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Listed by Lloyd Nichols Nanci Wright Property Management
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Terry McNeill
REALZTOR®, PSA, CREN | License ID: 0642513
REALZTOR®, PSA, CREN License ID: 0642513