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2842 Cedar Cir
Killeen, TX 76543
Cedar Circle Apartments · Multifamily Property For Sale
·
60 Units
PROPERTY FACTS
| No. Units | 60 | Building Size | 40,445 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1964/2002 |
| Building Class | C | Parking Ratio | 3.28/1,000 SF |
| Lot Size | 5.22 AC | ||
| Zoning | Multi-Family - Commercial | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.22 AC |
| Building Size | 40,445 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2002 |
| Parking Ratio | 3.28/1,000 SF |
| Zoning | Multi-Family - Commercial |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Yard
- Patio
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
- Picnic Area
- Pet Play Area
ABOUT 2842 CEDAR CIR , KILLEEN, TX 76543
Very well maintained 60 Unit Multifamily asset built in 2 phases (1964 and 2002) boasting 98% current occupancy in thriving Killeen submarket of Central Texas. Offering is free and clear to new financing. 20 Units are two floor townhome style, with the remaining 40 units single story, all individually metered for electricity with well-maintained and upgraded interiors. Laundry on site with a centrally located manager unit and leasing office. Opportunity for an investor to secure significant unit volume at pricing significantly below other major Texas metros.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 38 | $495.00 | 550 |
| 2+1 | 20 | $570.00 | 840 |
| 2+2 | 2 | $570.00 | 840 |
PROPERTY TAXES
| Parcel Number | 232057 | Improvements Assessment | $2,460,856 |
| Land Assessment | $109,144 | Total Assessment | $2,570,000 |
PROPERTY TAXES
