Summary: The Multifamily Group is pleased to present the exclusive offering of Mulford Terrace, a unique opportunity in Killeen, Texas. Constructed in 1972, the property consists of 36 one-bedroom/one-bathroom units averaging 573 square feet. The property is currently 83% occupied with strong occupancy rates in the submarket at 91%. Mulford Terrace is being offered free and clear of existing debt. Location: Killeen is strategically located along Interstate-14 in the heart of Central Texas, providing convenient access to Temple, Belton, Waco, Austin, and the surrounding region. The city is anchored by Fort Hood, one of the largest military installations in the world, creating a strong and stable employment base alongside major healthcare, education, and government employers. Residents benefit from an abundance of national retailers including Walmart, H-E-B, Target, Lowe’s, Home Depot, and the Market Heights Shopping Center, as well as a wide variety of restaurants, entertainment, and everyday conveniences. Ongoing residential and commercial development, combined with continued population growth and Fort Hood’s more than $39 billion annual economic impact, reinforces Killeen’s position as one of Central Texas’ strongest workforce housing markets.