Just west of Highway 35, between Temple & Austin, sits a 22-unit apartment complex with a 2-bed, 1-bath single-family home in Killeen, TX. The apartments are @ 92% occupancy and the SFR would be a perfect fit for an on-site property manager. 9 of the units are 2 beds, 1 bath, and 13 of the units are 1 bed, 1 bath. The tenant's rents range from $400-$600 per month so a big upside would be to raise the rent to market value. Fort Hood is 15 minutes away and is home to 50,000 Soldiers and employees. Texas A&M University Central Texas is minutes away as are a handful of other colleges and universities. For more information including the demographics of the area within a 5-mile radius, rent roll, and P&L, take a look at the photos.
For any questions, or if you would like to view the property, call the listing agent.