Attractive Assumable Debt
The property benefits from assumable debt at a 2.75% fixed rate with full-term interest-only payments, maturing in November 2035.
In a higher‑rate environment, this structure provides significant interest rate protection, enhanced cash flow, and strong downside mitigation relative to new acquisition financing.

Established Infill Location Along Broadway Corridor
The property is located along South Broadway Avenue, Tyler’s primary commercial and residential spine, with direct access to the city’s largest concentration of retail, healthcare, and employment centers.
Nearby demand drivers include UT Health East Texas, CHRISTUS Mother Frances Hospital, The University of Texas at Tyler, Tyler Junior College, and major employers such as Brookshire Grocery Company and UT Health affiliates.
Broadway serves as the city’s most heavily trafficked corridor and is directly adjacent to regional retail destinations, dining, and daily‑needs services, supporting consistent renter demand and long-term location relevance.

Large Unit Floor Plans
Village on Broadway offers larger-than-average unit sizes, a feature that differentiates the asset from much of Tyler’s older apartment inventory.
Larger layouts appeal to longer-term renters, work‑from‑home households, and residents seeking functional living space, which can support lower turnover, stronger retention, and rent durability across cycles.
This characteristic also pairs well with a future renovation program, as larger units typically generate higher absolute rent premiums post‑upgrade.

Clear Interior Value-Add Opportunity
Units feature classic, largely untouched interiors, including white appliances, original cabinetry, dated fixtures, and laminate countertops.

Durable, Long-Term Cash Flow Profile
The combination of low-cost assumable debt, full-term interest-only structure, and organic rental upside positions the asset for stable near-term performance and long-term value creation.