2501 Bacon Ranch Rd - Apartments FOR SALE


Killeen, TX 76542- Killeen/Fort Hood
$18,750,000 USD
916-765-9604
2501 Bacon Ranch Rd, Killeen, TX for Sale
$18,750,000 USD
Apartments - FOR SALE
1/13
null | 7.94% Cap Rate

2501 Bacon Ranch Rd
Killeen, TX 76542
Killeen/Fort Hood


HIGHLIGHTS

  • 7.94% CAP Rate with additional upside

OVERVIEW

This attractive, well-maintained apartment complex is located in Killeen, Texas and is priced at a 7.9% Cap Rate based on actual numbers with property taxes adjusted to reflect the listing price. Agency financing is available so that, at current rates, it can produce double digit cash flows. Please see marketing package for details. The property is part of a portfolio of two properties (Copper Mountain (211 Units) and Twin Creek (158 Units) being offered in Killeen. Both are included in the marketing package.

FOR SALE DETAILS

PRICE

$18,750,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

214

PRICE/UNIT

$87,617

CAP RATE

7.94%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Copper Mountain

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1986

PARKING SPACES

285

LAND DETAILS

LAND ACRES

8.52 AC

LAND SF

371,131 SF

ZONING

R-3

APN/PARCEL ID

52075

ASK ABOUT THIS PROPERTY

Peter FlisMarcus & Millichap Real Estate Investment ServicesMore Info
916-765-9604

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Peter FlisMarcus & Millichap Real Estate Investment ServicesMore Info
916-765-9604

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.