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Killeen Fully Occupied Quadplex $325k

5709 Redstone Dr, Killeen
ROI
23.85% IRR
Strategy
Long Term Rental
Fully occupied quadplex in Killeen, home to one of the largest military bases in the country. All units are 2 beds, 1.5 baths, and leased for $825, $850, $875, $875. Leases renew 3/21/2026, 11/30/2025, 05/30/2025, 10/31/2025. Built in 2002, well maintained, property management already in place. Great for a cashflow-focused investor. Taxes approx $6200. Neighborhood Rating: C

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Killeen Fully Occupied Quadplex $325k

Listed 05/09/2025

5709 Redstone Dr, Killeen

Purchase Price:$325,000

Cash Outlay:$87,750

Cashflow:$727/mo

Cap Rate:8.52%

IRR:23.85%

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