201 W Lincoln Ave - Apartments FOR SALE
Copperas Cove, TX 76522 |
$575,000 USD
214-663-4236
201 W Lincoln Ave
Copperas Cove, TX 76522
HIGHLIGHTS
- Value-add opportunity with potential to increase rents 10%+ through operational improvements and up to 20% with light renovations.
- Desirable unit mix consisting of one bed one bathroom catering to a broad tenant demographic.
- Located in Killeen near Fort Hood (Fort Cavazos), providing a stable tenant base driven by military personnel.
- Killeen benefits from strong in-migration trends supported by its relative housing affordability compared to major Texas metros.
- Offered at an attractive cost basis, presenting upside potential for long-term value appreciation.
- Market supported by solid local demographics, including a median household income of approximately $60,000.
FOR SALE DETAILS
PRICE
$575,000 USD
PRICE/SF
$55 USD /SF
# OF UNITS
10
PRICE/UNIT
$57,500
CAP RATE
8.2%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1978
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.26 AC
LAND SF
11,500 SF
ZONING
Commercial
APN/PARCEL ID
119685
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-663-4236
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
214-663-4236
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
