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Occupied Cashflowing Quadplex Close to Military Base in Killeen

1202 Industrial Blvd, Killeen
ROI
18.27% IRR
Strategy
Long Term Rental
Occupied cashflowing quadplex close to military base in Killeen. (2) 2 bed/1.5 bath units and (2) 3 bed, 1.5 baths. Rented for $950-975/mo expiring March 2024 (x3) and August 2024. Strong cashflow from day one with a stable tenant pool and strong demand. Townhouse-style quadplex with (2) 3 bed, 1.5 bath units and (2) 2 bed, 1.5 bath units. 3,840 total sq ft built in 1999.

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Occupied Cashflowing Quadplex Close to Military Base in Killeen

Listed 12/06/2023

1202 Industrial Blvd, Killeen

Purchase Price:$395,000

Cash Outlay:$106,650

Cashflow:$349/mo

Cap Rate:7.21%

IRR:18.27%

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