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308 N 22nd St
Killeen, TX 76541
Multifamily Property For Sale
·
36 Units
Investment Highlights
- Major Price Reduction!
- Pro forma IRR 16.02% Cap 12.83% C/C 12.89%
- New roof July 2024
- Strong value-add opportunity
- Electricity individually metered New tenants and renewals now pay electricity
- Over $220,000 in recent CapEx
Property Facts
| No. Units | 36 | Building Size | 16,640 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 2.4/1,000 SF |
| Lot Size | 0.72 AC | ||
| Zoning | - | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 16,640 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 2.4/1,000 SF |
| Zoning | - |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 36 | - | 400 |
Property Taxes
| Parcel Number | 99293 | Improvements Assessment | $964,905 |
| Land Assessment | $97,095 | Total Assessment | $1,062,000 |
Property Taxes
Parcel Number
99293
Land Assessment
$97,095
Improvements Assessment
$964,905
Total Assessment
$1,062,000
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