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Contact us at 504-684-4500 or info@norf.build
106 E Elm
ASSET OVERVIEW
TYLER | TEXAS
Downtown Tyler
Submarket
MULTI-FAMILY
Property Type
$41 MILLION
Development Cost
$13 MILLION
Historic Tax Credit Equity
About the Asset
106 E Elm is a redevelopment opportunity in downtown Tyler, Texas. This building was previously the Carlton Hotel, a 15-story, 200-key historic hotel. The property, which is located in a Qualified Opportunity Zone, sits on the northeast corner of E Elm and Broadway and is less than 1.5 miles from the University of Texas Health Science Center.
Current architectural plans include conversion into approximately 100 apartments with ground-floor commercial space and a 25,000 SF connected parking garage.
PRE CONSTRUCTION PHOTOS
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