Description
Discover a prime investment opportunity in Killeen, Texas, with this fourplex boasting exceptional cash flow potential. Each of the four units offers two bedrooms, one bathroom, and thoughtful amenities, including private fenced backyards for the ground floor units and individual balconies for the upstairs residences. With laundry hookups in every unit, durable laminate flooring and tile throughout, as well as ample off-street parking for occupants, this property ensures convenience and longevity. Enjoy a solid 7.5% cap rate, making it an attractive prospect for savvy investors seeking steady returns. Additionally, a $10,000 concession is being offered, providing flexibility for repairs or a rate buy-down. Don't miss out on this lucrative venture. One similar quadplex property is also available for sale by this seller, with the potential for a partial or full portfolio sale. Owner financing with a 20% down payment may be available to well-qualified buyers.
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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3,360SQFT
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$85$/SQFT
School Information
© 2024 Central Texas MLS.
Listing courtesy of Jeffrey Mcelroy of Real Broker: 512-960-3253.
Description
Discover a prime investment opportunity in Killeen, Texas, with this fourplex boasting exceptional cash flow potential. Each of the four units offers two bedrooms, one bathroom, and thoughtful amenities, including private fenced backyards for the ground floor units and individual balconies for the upstairs residences. With laundry hookups in every unit, durable laminate flooring and tile throughout, as well as ample off-street parking for occupants, this property ensures convenience and longevity. Enjoy a solid 7.5% cap rate, making it an attractive prospect for savvy investors seeking steady returns. Additionally, a $10,000 concession is being offered, providing flexibility for repairs or a rate buy-down. Don't miss out on this lucrative venture. One similar quadplex property is also available for sale by this seller, with the potential for a partial or full portfolio sale. Owner financing with a 20% down payment may be available to well-qualified buyers.
© 2024 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Real Estate Home Team LLC. Data last updated: 2024-09-08T13:05:55.103.