Turnkey Cashflowing and Fully Occupied Quadplex $418k
807 Industrial Ave, Copperas Cove
ROI
17.96% IRR
Strategy
Long Term Rental
Located in Copperas Cove for low taxes. Fully occupied with leases through 2025. There are (2) 3 bed units and (2) 2 bed units. The 3 beds are leased for $995 and the 2 beds pull $850 + $825. Lease comps suggest $1000 for the 3s and $850 for the 2s. Built in 2006 for minimal maintenance needs. Management company is already in place. This is a great option for an investor looking to add 4 cashflowing doors in an appreciating market. Taxes $6102.
