Great investment opportunity in the heart of Killeen,Tx, part of Greater Austin Area. 41 Units total. Gated apartment community of 40 units comprised of 31 [1bd x 1ba], 6 [2bd x 1ba], 1 SFR [2bd x 1ba] and 2 Storage units plus property includes a cash producing laundry mat. Land available for future expansion.Tenant pays electric, water and sewage. Great occupancy rate and history. Major renovation in 2018-2019 and new roof in July 2020. Remaining 5 units & laundry mat are currently undergoing remodel. Proforma 1 BD $650, 2 BD $750 with some variations. Great income and rent rolls available for your review. Buyers / Investors can earn over $200k a year. This unit is in a popular area; Stays rented and property mgmnt team in place to turn over lease records. Four (4) star Middle schools which makes the area desirable for families. This type of investor opportunity doesn’t come along every year! Present Offers!
- Sewer:
- Public Sewer
- Utilities:
- Electricity Connected, Water Connected, Sewer Connected
- Water Access:
- Public
- Street:
- Gilmer
- Street Number:
- 424
- Street Suffix:
- Street
- Floor Number:
- 0
- Longitude:
- W98° 15' 47.5''
- Latitude:
- N31° 7' 26.8''
- Address:
- 424 N Gilmer ST
- Street Dir Prefix:
- N
- Association Fee Frequency:
- Annually
- Association Fee Includes:
- Common Areas
- HOAYN:
- 1
- Junior High School:
- N/a
- List Agent MLSID:
- 623268
- List Office MLSID:
- 700976
- Middle Intermediate School:
- N/a
- School District:
- Other
- Senior High School:
- N/a
- Tax Year:
- 2021
Commercial Sale
424 Gilmer Street, Killeen, Texas 76541
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 3571108
- Price :
- $3,000,000
- Half Bathrooms :
- 0
- Year Built :
- 1976
- USA:
- US
- Texas:
- TX
- Travis:
- Bell
- Austin:
- Killeen
- Zipcode:
- 76541
- Property Sub Type :
- Multi Family
- Status :
- Active
- Brent Bockholt
- View website
- 5126865454
- 5129495026
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