806 Sissom Rd - Apartments FOR SALE


Killeen, TX 76541
$399,900 USD
979-575-1148
806 Sissom Rd, Killeen, TX for Sale
$399,900 USD
Apartments - FOR SALE
1/34
null | 7.55% Cap Rate

806 Sissom Rd
Killeen, TX 76541


HIGHLIGHTS

  • Tenant Occupied at $3,000/mo
  • Immediate CashFlow
  • Turnkey Rental Property
  • Largest Military Base in the Nation - Ft. Hood
  • I-14 Expansion
  • Metal Roof and TurnKey Renovated

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$116 USD /SF

# OF UNITS

4

PRICE/UNIT

$99,975

CAP RATE

7.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cashflow 4plex - 8+% CAP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,543 SF

ZONING

R-3

APN/PARCEL ID

76690

ASK ABOUT THIS PROPERTY

Ruchi MithalRuchi Mithal, BrokerMore Info
979-575-1148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ruchi MithalRuchi Mithal, BrokerMore Info
979-575-1148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.