702 Santa Rosa Dr | Killeen, TX 76541
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702 Santa Rosa Dr
Killeen, TX 76541
Waters Haven Apartments · Multifamily Property For Sale
·
116 Units
INVESTMENT HIGHLIGHTS
- $869,000+ Invested by Current Owners – Majority of Units Renovated, with Many Featuring New HVAC Systems, and New Boilers Installed
- 68% of the Units are Two-Bedroom Units
- $56,000+ Median HH Income in a Five-Mile Radius (Yardi)
- ~$160/Unit/Month Under Market Rents
- 11% Cash-on-Cash Averaged Over Five Years Once Stabilized
- Less than 10 Minutes from the Largest U.S. Military Base - Fort Cavazos
PROPERTY FACTS
| No. Units | 116 | Lot Size | 3.87 AC |
| Property Type | Multifamily | Building Size | 85,095 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 | 116 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.87 AC |
| Building Size | 85,095 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 | 48 | - | 800 |
| 2+1.5 | 31 | - | 795 - 825 |
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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