100% Occupied, TurnKey 4plex - No showings until executed contract.
Quiet neighborhood, close to major road Business 190 and current project for Interstate 14 expansion. The Killeeen/CopperasCove/Temple metro is home Ft. Hood, the largest military base in the nation.
https://www.military.com/base-guide/fort-hood
https://www.interstate-guide.com/i-014/
Unit 1: 2/1 ($800) - Tenant moved in Nov 2022-Oct 2023. Renewing at $800 Nov 2023-Oct 2024. Unit had full renovation in June 2021 (new carpet, paint, etc.)
Unit 2: 2/1 ($750) - Tenant renewing Dec 2022 -Nov 2023. Unit had full renovation in Nov 2021 (new waterproof LVP, paint, etc.)
Unit 3: 2/1 ($750) - Renewed from Feb 2023-Feb 2024. Unit in very good condition.
Unit 4: 2/1 ($700) - Renewed from Feb 2023-Jan 2024. Unit had full renovation January 2021 (new carpet, paint, etc.)
Please note this 4plex has a METAL roof. HVACs are relatively newer. No immediate maintenance/repairs needed.
Each unit is on separate meters and tenants pay all bills/utilities their own. No HOA.
All appliances convey with the sale. (Fridge and kitchen appliances. No W/D on property but W/D connections present on all units)
Operating Expenses of $2,100 represents only insurance.
Property management company can be put in place for 8%.
Seller is selling property to move money to larger investment.