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Fully Renovated 21 Unit Gated Apartment Complex Minutes from Fort Hood

1204-1208 Bundrant Dr, Killeen
ROI
18.09% IRR
Strategy
Long Term Rental
Fully renovated 21-unit gated apartment complex minutes from Fort Hood. Turnkey property with value-add potential through increased rents and billed utilities. Asking price $1.4m for a 7.7% cap rate and 5.4% CoCR.

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Fully Renovated 21 Unit Gated Apartment Complex Minutes from Fort Hood

Listed 04/05/2024

1204-1208 Bundrant Dr, Killeen

Purchase Price:$1,400,000

Cash Outlay:$448,000

Cashflow:$2,007/mo

Cap Rate:7.73%

IRR:18.09%

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