908 Adams Ave | Killeen, TX 76541
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- LoopNet Team
908 Adams Ave
Killeen, TX 76541
Eastgate Village Apartments · Multifamily Property For Sale
·
58 Units
INVESTMENT HIGHLIGHTS
- $1.1M+ in Asset Improvement Upside Through Value-Add Implementation – $186 Below Market Rents
- Exceptional Killeen Location – Proximate to Fort Hood (~50,000 Employees)
- Offered Free and Clear of Any Existing Debt
- Rents in the Submarket Have Increased by 9.1% 2022 YTD
- 475,367 MSA Population – 20% Increase From 2010 to 2020 and More Than Half of the Residents Are Renting – U.S. Census Bureau
PROPERTY FACTS
| No. Units | 58 | Lot Size | 3.72 AC |
| Property Type | Multifamily | Building Size | 38,758 SF |
| Property Subtype | Apartment | Average Occupancy | 42% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1969/2004 |
| Zoning | B1 - Multi-family Commercial | ||
| No. Units | 58 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.72 AC |
| Building Size | 38,758 SF |
| Average Occupancy | 42% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2004 |
| Zoning | B1 - Multi-family Commercial |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 51 | - | 640 |
| 2+1 | 6 | - | 803 |
| 3+2 | 1 | - | 1,300 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,688,693 | |
| Land Assessment | $285,910 | Total Assessment | $1,974,603 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$285,910
Improvements Assessment
$1,688,693
Total Assessment
$1,974,603
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