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309 Root Ave
Killeen, TX 76541
Chateau West Apartments · Multifamily Property For Sale
·
52 Units
Investment Highlights
- High rental demand driven by Fort Cavazos and local workforce
- Value-add upside through modernization and rent optimization
- Competitive market cap rate with significant growth potential, ample parking + tenant-friendly layout
- Well-located near major employers, shopping, transit, and schools
- Opportunity for improved NOI through professional management
- Prime location in a proven rental submarket, strong rental dem
Property Facts
| No. Units | 52 | Lot Size | 1.36 AC |
| Property Type | Multifamily | Building Size | 28,776 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1970/2008 |
| Building Class | C | Parking Ratio | 1.99/1,000 SF |
| Zoning | None | ||
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.36 AC |
| Building Size | 28,776 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2008 |
| Parking Ratio | 1.99/1,000 SF |
| Zoning | None |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 40 | - | 468 - 565 |
| 2+1 | 12 | - | 760 - 800 |
Property Taxes
| Parcel Number | 363753 | Improvements Assessment | $1,522,578 |
| Land Assessment | $175,111 | Total Assessment | $1,697,689 |
Property Taxes
Parcel Number
363753
Land Assessment
$175,111
Improvements Assessment
$1,522,578
Total Assessment
$1,697,689
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