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Executive Summary
This attractive, well-maintained apartment complex is located in Killeen, Texas and is priced at a 7.18% Cap Rate based on actual numbers with property taxes adjusted to reflect the listing price. Agency financing is available. Pro Forma Cap Rate of 8.66%
See marketing package for details.
See marketing package for details.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
| Sale Type | Investment | Lot Size | 8.52 AC |
| Gross Rent Multiplier | 6.69 | Building Size | 133,525 SF |
| No. Units | 214 | Average Occupancy | 93% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1986/2017 |
| Apartment Style | Garden | Parking Ratio | 1.74/1,000 SF |
| Building Class | B | ||
| Zoning | R-3 | ||
| Sale Type | Investment |
| Gross Rent Multiplier | 6.69 |
| No. Units | 214 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.52 AC |
| Building Size | 133,525 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2017 |
| Parking Ratio | 1.74/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Ceiling Fans
- Walk-In Closets
Site Amenities
- Business Center
- Controlled Access
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Gated
- Basketball Court
- Furnished Units Available
- Grill
- Volleyball Court
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | - | 400 - 450 |
| 1+1 | 121 | - | 515 - 572 |
| 2+2 | 71 | - | 664 - 846 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 52075 | Improvements Assessment | $20,405,087 |
| Land Assessment | $448,858 | Total Assessment | $20,853,945 |
Property Taxes
Parcel Number
52075
Land Assessment
$448,858
Improvements Assessment
$20,405,087
Total Assessment
$20,853,945
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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