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1306 Brown Dr 4 Unit Apartment Building $310,000 ($77,500/Unit) Copperas Cove, TX 76522
Investment Highlights
- Significant value-add opportunity with potential to increase rents by 10%+ through strategic renovations and operational enhancements
- Located in Killeen, home to Fort Hood (formerly Fort Cavazos), one of the largest U.S. military installations
- Offered at an attractive cost basis, presenting upside potential for long-term value appreciation
- Desirable unit mix consisting of one bed one bathroom catering to a broad tenant demographic
- Killeen benefits from strong in-migration trends supported by its relative housing affordability compared to major Texas metros.
- Market supported by solid local demographics, including a median household income of approximately $60,000
Executive Summary
Name
Patrick Graham
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 9005919, 528005 (TX)
Address
2699 Howell St., Suite 400, Dallas, TX 75204
Phone
(866) 889-0550
Patrick Graham
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 9005919, 528005 (TX)
Address
2699 Howell St., Suite 400, Dallas, TX 75204
Phone
(866) 889-0550
Property Facts
| Price | $310,000 | Building Class | C |
| Price Per Unit | $77,500 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 9,147 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | ||
| Zoning | Commercial | ||
| Price | $310,000 |
| Price Per Unit | $77,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 9,147 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Zoning | Commercial |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 117465 | Improvements Assessment | $320,950 |
| Land Assessment | $12,500 | Total Assessment | $333,450 |
Property Taxes
Parcel Number
117465
Land Assessment
$12,500
Improvements Assessment
$320,950
Total Assessment
$333,450
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1306 Brown Dr
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