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Fully Updated Quadplex with 1% Rule Potential Just Outside Ft Hood

711 W Avenue C, Killeen

ROI

18.41% IRR

Strategy

Long Term Rental

Fully updated quadplex with 1% rule potential just outside Ft Hood. (3) 1 bed, 1 bath units and (1) 2 bed, 1 bath unit. 2,506 sq ft quadplex built in 1960 with (3) 1 bed, 1 bath units and (1) 2 bed, 1 bath unit. Market rents on 1 bed units $650/mo, 2 bed unit $850/mo.

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Fully Updated Quadplex with 1% Rule Potential Just Outside Ft Hood

Listed 07/20/2023

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711 W Avenue C, Killeen

Purchase Price:$265,000

Cash Outlay:$73,550

Cashflow:$273/mo

Cap Rate:7.03%

IRR:18.41%

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