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1808 N 8th St
Killeen, TX 76541
Twin Apartments · Multifamily Property For Sale
·
16 Units
Investment Highlights
- All units 1 bedroom / 1 bathroom | ~ 416 sqft
- First year property management fees are waived if buyer chooses to continue with current management
- Potential for rent increases with updated renovations (see Pro Forma Rent Roll)
- Some units recently renovated with increased rents; potential for more rent increases
- 2023 Gross Rental Income: $95,054 | NOI: $69,829 | 7.75% CAP; Pro Forma Effective Rental Income: $126,060 | NOI: $82,092 | 9.1% CAP
- Uncovered parking and individual A/C & heat in each unit
Property Facts
| No. Units | 16 | Building Size | 6,656 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1970/2012 |
| Building Class | C | Parking Ratio | 2.4/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | R-3 - Commercial | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 6,656 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2012 |
| Parking Ratio | 2.4/1,000 SF |
| Zoning | R-3 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $525.00 | 416 |
Property Taxes
| Parcel Number | 72080 | Improvements Assessment | $493,354 |
| Land Assessment | $56,000 | Total Assessment | $549,354 |
Property Taxes
Parcel Number
72080
Land Assessment
$56,000
Improvements Assessment
$493,354
Total Assessment
$549,354
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