VTP Capital Partners purchased approximately 12.91-acres in Tyler, TX for the acquisition and continued development of an 86-unit Class-A duplex development consisting of 43 buildings. A total of 12 buildings/24 units are already built, 100% occupied and receiving rents. An additional 31 buildings/62 units will be constructed and leased up over an estimated 18-months. The additional buildings are fully entitled and shovel-ready for completion upon acquisition and closing.
Location Details:
Tyler, TX | Whitehouse ISD
Project Type:
Gated duplex rental community
Size:
43 Duplexes | 86 Rentable Units
Total Acreage:
12.91 acres
Status:
Construction
Completion:
Summer 2023