$1,005,000 USD
214-663-4236
4304 Lake Rd
Killeen, TX 76543
Killeen/Fort Hood
HIGHLIGHTS
- Significant value-add opportunity with potential to increase rents by 10%+ through renovations.
- Desirable unit mix of one bed, one bath units catering to a broad tenant demographic.
- Located near Fort Hood, one of the largest U.S. military installations, ensuring stable demand.
- Offered at an attractive cost basis with upside potential for long-term value appreciation.
- Market supported by strong in-migration and a median household income of $60,000.
- 100% occupancy and classic unit condition present clear opportunity for upgrades.
FOR SALE DETAILS
PRICE
$1,005,000 USD
PRICE/SF
$251 USD /SF
# OF UNITS
16
PRICE/UNIT
$62,813
CAP RATE
7.61%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1965
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
Commercial
APN/PARCEL ID
12456
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214-663-4236
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214-663-4236
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