Exceptional investment opportunity with this fully-leased, 16-unit apartment complex located in the heart of Killeen. Each unit rents for $525-675 per month (see docs for leases) with tenants responsible for all utilities, including water, electricity, and cable. Recently upgraded in 2022, each unit has new HVAC - with 10-year warranties, updated plumbing including new toilets throughout, upgraded electrical systems with new wiring, meter bases, and panels. Each unit features laminate flooring, updated tile in bathrooms, fresh paint, new doors, and contemporary light fixtures. All existing appliances in each unit convey with the property. New flat roof installed 2024. Conveniently located just 5 minutes from Ft. Hood, with schools, shopping, and entertainment nearby. This turn-key property offers immediate income generation and exceptional future potential. Don’t miss out on this incredible investment opportunity! Square footage should be verified by the buyer’s independent appraisal.
MLS# | 3691521 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1955 |
Days On Site | 57 |
Listing Provided By | Zilker Properties of Austin | Sarah Cox |
SQ Feet | 8,306 |
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Story(s) | 2 |
Acreage | 0.38 |
Property View | None |
State | TX |
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County | Bell |
City | Killeen |
Zip Code | 76541 |
Area | KL |
Community Name | Cole |
School District | Killeen |
Elementary School | West Ward |
Middle School | Nolan |
High School | Killeen |
Listing VS Median (in Cole) | |
Price: $1,185,000 low | high Med: $1,185,000 SqFt: 8,306 low | high Med: 8,306 $ / SqFt: $143 low | high Med: $143 On site: 57 low | high Med: 57.000000 |