1 of 18
Ferramentas
Size
16
Quartos
16
Full Baths
0.22 Acres
Exterior
Financial
$925,000
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Listing Details
Apartamento
Tipo de Propriedade
1970
Ano de construção
11012166
Identificação Web
20577134
ID do MLS
39
Days Posted
Descrição
1808 N 8th Street, Killeen, TX 76541
Fantastic investment opportunity in Killeen, TX along the I-35 Hwy corridor, just an hour north of Austin. This 16-unit complex cash flows in as-is condition, with potential for 10-20% rent increases. Close to Fort Hood military base and Samsung $17 billion chip plant that expects to bring in 3,000 new jobs. Killeen ranks as one of the most affordable and fastest growing cities in Texas (GoBankingRates report, 2024). All units 1 bedroom, 1 bathroom; ~ 525 sqft. One unit recently renovated, one in process of make-readyother 14 units could use updates, currently cash flows as-is. First year property management fees are waived if buyer chooses to continue with current management. 2023 Gross Rental Income: $95,054; NOI: $69,829; 7.5% CAP. Potential for rent increases with updated renovations. Uncovered parking and individual AC & heat in each unit.
This is an Active listing.
Broker Office Phone Number: 903-581-3737
Copyright © 2024North Texas Real Estate Information Systems, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 903-581-3737
Copyright © 2024North Texas Real Estate Information Systems, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Serviços
- Refrigerator
- Tile Flooring
- Vinyl Flooring
- Ceramic Flooring
- Wall or Window Air Conditioner(s)
- Composition Shingle Roof
- Off Street Available
- Parking Lot
Histórico de preços
date | Preço | variance | type |
---|---|---|---|
4/4/2024 | $925,000 | - | Listados |
Listing By: Drake Real Estate & Investment via Data Source: North Texas Real Estate Information Systems, Inc.
agente de listagem: Matthew Marshall