Description
Exceptional investment opportunity with this fully-leased, 16-unit apartment complex located in the heart of Killeen. Each unit rents for $525-675 per month (see docs for leases) with tenants responsible for all utilities, including water, electricity, and cable. Recently upgraded in 2022, each unit has new HVAC with 10-year warranties, updated plumbing including new toilets throughout, upgraded electrical systems with new wiring, meter bases, and panels. Each unit features laminate flooring, updated tile in bathrooms, fresh paint, new doors, and contemporary light fixtures. All existing appliances in each unit convey with the property. New flat roof installed 2024. Conveniently located just 5 minutes from Ft. Hood, with schools, shopping, and entertainment nearby. This turn-key property offers immediate income generation and exceptional future potential. Don't miss out on this incredible investment opportunity! Square footage should be verified by the buyer's independent appraisal. Square footage should be verified by the buyer's independent appraisal.
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0BEDS
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0.38ACRES
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0BATHS
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01/2 BATHS
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8,306SQFT
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$143$/SQFT
© 2025 Central Texas MLS.
Listing courtesy of Cary S. Reynolds of Zilker Properties of Austin: 512-440-1799.
Description
Exceptional investment opportunity with this fully-leased, 16-unit apartment complex located in the heart of Killeen. Each unit rents for $525-675 per month (see docs for leases) with tenants responsible for all utilities, including water, electricity, and cable. Recently upgraded in 2022, each unit has new HVAC with 10-year warranties, updated plumbing including new toilets throughout, upgraded electrical systems with new wiring, meter bases, and panels. Each unit features laminate flooring, updated tile in bathrooms, fresh paint, new doors, and contemporary light fixtures. All existing appliances in each unit convey with the property. New flat roof installed 2024. Conveniently located just 5 minutes from Ft. Hood, with schools, shopping, and entertainment nearby. This turn-key property offers immediate income generation and exceptional future potential. Don't miss out on this incredible investment opportunity! Square footage should be verified by the buyer's independent appraisal. Square footage should be verified by the buyer's independent appraisal.
© 2025 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 Zina & Co. Real Estate. Data last updated: 2025-05-12T09:05:52.853.