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Occupied Quadplex Near Military Base $420k

1606 Aztec Trce, Harker Heights
ROI
15.51% IRR
Strategy
Long Term Rental
Located in a military town. 3 units currently leased. The 4th unit is vacant and ready for a tenant. There are (2) 2 bed units and (2) 3 bed units. The 3 beds lease for $950 and the 2 beds lease for $900. Current leases expire October 2024, April 2025, and July 2025. Tenants pay all utilities. Taxes $6719.

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Occupied Quadplex Near Military Base $420k

Listed 09/12/2024

1606 Aztec Trce, Harker Heights

Purchase Price:$420,000

Cash Outlay:$113,400

Cashflow:$382/mo

Cap Rate:6.47%

IRR:15.51%

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