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Value-Add Cashflowing 31 Unit in Killeen

209 Root Ave, Killeen
22.33 IRR
Long Term Rental
Occupied and cashflowing 31 unit apartment complex with value-add potential right next to Ft Hood. Some units could be updated and have rents increased. Opportunity to convert office/storage into additional unit, adding $700+/mo. Shared pool and spa in need of repair.

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Value-Add Cashflowing 31 Unit in Killeen

Listed 02/24/2023

209 Root Ave, Killeen

Purchase Price:$2,000,000

Cash Outlay:$590,000


Cap Rate:8.11%


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