Great Investment Opportunity to own this fully occupied 4plex in Killeen, Texas. Built in 2001, this property features four spacious units, all units are identical, each unit offering 3 bedrooms and 2 full baths, kitchen and open to the living and dinning areas. The property located in the prime location, just 6 miles away from Fort Cavazos, home to the third-largest military base in the world, presents a unique opportunity for attracting military tenants. Assigned front parking spaces. Long term tenants, current monthly rent is $895 per unit. All utilities separately metered and paid by the tenants. Easy access to school & shopping. This income property is perfect for generating a steady stream of rental income. Whether you are a seasoned investor or just starting out, this 4plex is an excellent investment opportunity that should not be missed!
Great investment opportunity! Four rental units - one - three bedroom, one and a half bath, and three - two bedroom, one and half bath units totaling over 4600 square feet of living space. Each unit is equip with full size washer and dryer connections. Convenient location to Fort Cavasos, and walking distance to Killeen High School. This property is sold as-is.
New roof in July 2024! This well maintained fourplex is the perfect addition to your investment portfolio! All units are 2 bed 1 bath, carpeted bedrooms and living room with vinyl flooring in the kitchen, dining room, and bathroom. One unit is available for owner occupancy!
New construction full duplex! 6 bedrooms, 3 bath, 2,572 sq ft in total! Each side is 3 bed, 1 1/2 bath, 1,286 sq ft! Move in ready! no active leases! Can go FHA or VA if owner occupies one side!
Discover a remarkable investment opportunity with this recently improved four-plex, ideally situated in the heart of Killeen. Each of the four units features a spacious layout with two bedrooms and one and a half bathrooms, providing comfortable and functional living spaces for tenants. The property boasts ample parking, ensuring convenience for residents and their guests. Its fantastic central location offers easy access to I-14 and Route 195, facilitating quick commutes and connectivity. Additionally, the property is in close proximity to shopping centers, restaurants, and various local amenities, making it an attractive option for potential tenants. This property promises not only steady rental income but also significant appreciation potential due to its strategic location and recent upgrades. Don't miss out on this lucrative investment opportunity in one of Killeen's most sought-after areas.
*** PRICE IMPROVEMENT!!! GREAT INVESTMENT PROPERTY!! Rent out all four units or live in one and rent out the other three. One unit just became vacant. If interested in living in one, make this property yours before unit gets rented! Applications are already coming in. Each unit is townhouse style - 2 bedroom 1.5 bath. Convenient breakfast bar, refrigerator, oven/stove, dishwasher, and washer/dryer connections. This Quadplex is on the south side of Killeen only minutes away from Fort Cavasos. Walmart and other food & shopping establishments are in near walking distance.
Desirable ‘townhome-style’ income producing brick fourplex in Killeen. Well managed, upgraded and well maintained 2br/1.5ba & 3b /1.5ba units with very stable income, high occupancy rates and longer term tenants. Rents well above the norm for units in the area, even in comparison to other townhome-style quads, and with rent increases built into the leases. Spacious 1100 sqft units, upgraded flooring and other updates. Gross rents above $30,000 for several years and rising with 2024 pro forma gross rents above $45,000 if fully occupied. Pro forma cap rate at 10%+. A steady earner that still has substantial untapped upside. One unit being held open for potential VA buyer or owner occupants.Let your rental income pay your mortgage. Fort Hood produces thousands of steady, government-backed tenants. May not be as ‘glamorous’ as Austin but if steady positive cash flow and stable, low maintenance property is the goal it's among the best small income property options in Central Texas. Smart long term add to your income portfolio or a great first investment.
This charming duplex features two separate units with two bedrooms and one bath; each unit is roughly 860 sqft. Both sides have back patios with a large backyard- the yard is not fenced in; however, there is a barrier that discreetly divides the two units in the backyard. Inside, you’ll find an open layout with a fireplace ceramic tile flooring throughout—perfect for easy maintenance. There are also two other duplexes for sale right next to each other. All three can be purchased together or individually. This duplex has a tenant currently paying $850/mo with a lease ending in Aug 2024; Unit A is vacant and can show at any time. 10411, 10413, and 10415 are for sale, and both sides are 2 beds 1 bath. 10415 is the only duplex that has both sides occupied. 10413 and 10411 have one vacant unit and one occupied unit.
Calling all investors! Strong value-add opportunity! Pro forma IRR 13.57% Cap 10.25% C on C 10.46%. 15 units fully or partially renovated. Electricity individually metered. New tenants and renewals now pay electricity. New roof prior to closing. Over $150,000 in recent CapEx. Close to the largest employer in town.
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 ~ 416 SF per Unit Some units recently renovated with increased rents; potential for more rent increases First year property management fees are waived if buyer chooses to continue with current management 2023 Gross Rental Income: $95,054; NOI: $69,829; 7.75% CAP Pro Forma Effective Rental Income: $126,060; NOI: $82,092; 9.1% CAP Uncovered parking and individual AC & heat in each unit.
Investors Special– Fourplex in Killeen Awaits Your Vision! Located near the downtown area, this multi-family property boasts proximity to a variety of amenities including dining options, shopping, schools, and essential services. Whether you're looking to expand your investment portfolio or embark on a new venture, this property offers great potential.
Well maintained full brick 3-bedroom/2-full bath fully occupied with the same tenants since 2017. * New roof as of 6/19/2023. Unit B lease is until 5/31/2025 and Unit A will be vacant on 11/01/2024 so If VA/FHA/CONVENTIONAL buyers who plan to occupy, this may be a perfect duplex This great location is right off busy Stan Schlueter Loop businesses and right behind Lions Park that has fitness center/senior center/walking trail/water park, and Swimming Pool within walking distance. Convenient location to access Fort Hood, Schools, Shopping and Hospital. The photos were taken before as both units have not had vacancy. All sizes are approximate, the buyers need to verify.
This fourplex is a great cash-flowing opportunity. Each unit is 2 beds 1.5 baths, separate laundry, & townhouse-style units. Close to the Fort hood base 1 Hour from Austin. Do not bother the tenants. Great property to add to your portfolio call your realtor today!
Investors, seize this promising opportunity—an expansive townhouse-style quadplex adjacent to Hallmark Bowling Lane in Killeen! Its convenient access to shopping and dining, paired with robust cash flow, renders it a highly attractive investment prospect. Professionally managed by Soldiers of Real Estate LLC, this property guarantees reliability and tranquility. Kindly respect tenants' privacy. Property access is granted during the option period upon receipt of the option fee. Offers must be accompanied by a pre-approval letter.
This well-maintained duplex offers fresh updates, including all new flooring in Unit A, 2 new A/C units, and 2 new dishwashers. Each unit features its own fully fenced backyard, providing privacy for tenants, as well as separate driveways for added convenience. With a short commute to Fort Cavazos, this property is perfect for both investors and tenants seeking comfort and accessibility.
Killeen is located in Texas. Killeen, Texas has a population of 140,513. Killeen is more family-centric than the surrounding county with 36.98% of the households containing married families with children. The county average for households married with children is 36.15%.
The median household income in Killeen, Texas is $48,898. The median household income for the surrounding county is $52,583 compared to the national median of $57,652. The median age of people living in Killeen is 28.2 years.
The average high temperature in July is 94.6 degrees, with an average low temperature in January of 35.3 degrees. The average rainfall is approximately 34.2 inches per year, with 0.3 inches of snow per year.