Investment Overview

The Lodge on Broadway is a well-positioned multifamily community situated along Broadway Avenue, one of Tyler’s most prominent commercial corridors. Originally constructed in 1972 and extensively renovated in 2020, the property comprises 88 apartment homes offering a diverse mix of one-, two-, and three-bedroom floor plans ranging from approximately 715 to 1,170 square feet. This versatile unit mix appeals to a broad renter demographic and supports strong occupancy and operational stability. Interior renovations have enhanced the resident experience through the installation of luxury vinyl plank flooring throughout living areas, black appliance packages, updated hardware, fresh paint, and solar window screens. While many cosmetic improvements have already been completed, the property retains original countertops and tile in the kitchen and bathrooms, creating a clear path for continued value-add upgrades and future rent growth. Carpet remains in the bedrooms, offering an opportunity for further interior modernization. Situated on nearly five gated acres, the community offers an attractive amenity package that includes a swimming pool with sundeck, dog park, clubhouse, fitness center, and business center, helping to drive resident retention and market competitiveness. The property’s central location is one of its most compelling attributes. Positioned near Tyler’s largest employment centers, healthcare providers, retail destinations, restaurants, and entertainment venues, The Lodge on Broadway benefits from exceptional visibility and accessibility along Broadway Avenue. Convenient access to schools, parks, and everyday services further enhances its appeal to residents. With a proven renovation history, strong in-place operations, and a highly desirable infill location, The Lodge on Broadway presents an attractive opportunity to acquire a stabilized asset with meaningful upside potential. The combination of strategic location, functional unit mix, and continued value-add opportunities positions the property for durable cash flow and long-term appreciation within the growing Tyler multifamily market.