Killeen 23-Plex Cashflow Heavy $2M
411 E Central Texas Expy, Killeen
ROI
24.85% IRR
Strategy
Long Term Rental
2,000,000This is a 23-unit building. All units are 1 bed, 1 bath. Currently 20 of 23 units are occupied. Rent roll linked below. Property management is in place and will stay on after the sale for a new owner. Market rate rent is $975 per door. It's currently averaging $900 per door. The complex is located very close to Fort Cavazos, one of the largest military bases in the country for a consistent tenant pool. Taxes $42k.
