702 Santa Rosa Dr | Killeen, TX 76541
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- LoopNet Team
702 Santa Rosa Dr
Killeen, TX 76541
Waters Haven of Killeen · Multifamily Property For Sale
·
117 Units
INVESTMENT HIGHLIGHTS
- $1.4M+ in Asset Improvement Upside Through Value-Add Implementation – $117 Below-Market Rents
- 475,367 MSA Population – 20% Increase From 2010 to 2020 and More Than Half of the Residents Are Renting – U.S. Census Bureau
- 14% Y-O-Y Rent Growth for Killeen/Fort Hood Submarket (Yardi)
- $2+ Million Invested in Major Capital Expenditures
- Exceptional Killeen Location – Proximate to Fort Hood (~50,000 Employees)
- Offered Free and Clear of Any Existing Debt
PROPERTY FACTS
| No. Units | 117 | Lot Size | 3.87 AC |
| Property Type | Multifamily | Building Size | 81,235 SF |
| Property Subtype | Apartment | Average Occupancy | 72% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1965 |
| Zoning | R-3 - Commercial | ||
| No. Units | 117 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.87 AC |
| Building Size | 81,235 SF |
| Average Occupancy | 72% |
| No. Stories | 2 |
| Year Built | 1965 |
| Zoning | R-3 - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Playground
- Property Manager on Site
- Gated
- Grill
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 37 | - | 570 - 600 |
| 2+1 | 49 | - | 720 - 800 |
| 2+2 | 31 | - | 795 |
PROPERTY TAXES
| Parcel Number | 132182 | Improvements Assessment | $5,443,552 |
| Land Assessment | $556,448 | Total Assessment | $6,000,000 |
PROPERTY TAXES
Parcel Number
132182
Land Assessment
$556,448
Improvements Assessment
$5,443,552
Total Assessment
$6,000,000
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