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Occupied 6 Unit Apartment Building Minutes from Ft Hood with over $100/door in Cash Flow

1202 Urbantke Ct, Copperas Cove
ROI
19.85% IRR
Strategy
Long Term Rental
Occupied 6 unit apartment building minutes from Ft Hood with over $100/door in cash flow. Upgraded interiors including floors, counters, appliances, paint, and fixtures. Turnkey single story 6 unit building built in 1977. All units are 2 bed, 1 bath, 896 sq ft. Fully updated with new floors, paint, counters, stainless appliances. Units rented for $845-935/mo with potential to increase all units to $935-950/mo.

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Occupied 6 Unit Apartment Building Minutes from Ft Hood with over $100/door in Cash Flow

Listed 03/16/2023

1202 Urbantke Ct, Copperas Cove

Purchase Price:$549,000

Cash Outlay:$175,680

Cashflow:$785/mo

Cap Rate:7.73%

IRR:19.85%

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