4308 Zephyr Road

Killeen, TX

$20,049,500
N/A
N/A
17000
1.22

Details

STATUS:Active
YEAR BUILT:
TYPE:apartment
PARKING:
TOTAL STORIES:
MLS:451545
COUNTY:Bell
PRICE PER SQFT

PROPERTY DESCRIPTION

BEAUTIFUL, SECLUDED, RENOVATED 24 UNIT APARTMENT COMPLEX CENTERED IN THE HEART OF KILLEEN! This incredible all two-bedroom property sits quietly tucked away on its own, yet is still under 2 minutes to Hwy 190 & 9 minutes to Ft Hood! Over the past year the property and the majority of the units have received extensive renovations and improvements both inside & out! Appliances, HVACs, flooring, counters, cabinets, paint, roof repair & replacement, parking lot redone & resealed, perimeter fence - too many things to list! Several units were completely rebuilt, most received cosmetic overhauls. Developers - the central courtyard is over an acre & sizeable enough to build more units on! Remodeled units rent for $725, new leases/renewals - $650. Overall avg rent ~$600, & increasing as units renewed to mkt. *PROFORMA ESTIMATES* Gross Mkt Rent, incl. vacancy & loss to lease: $188,834. Gross Exp. Incl. mgmt, taxes, ins., R&M, utilities, etc.: $39,989. PROFORMA NOI - $148,845 - 7.25% CAP

Open Houses Nearby

sorry no near by open house View all

School Information

HIGH SCHOOL
MIDDLE SCHOOL
GRADE SCHOOL
killeen high school
manor middle school
ira cross elementary school

Property History

Payment Calculator

Location

Direction: From WS Young Dr, go East on Zephyr Rd. Property will be on the RIGHT.

Courtesy of Keller Williams Realty, Waco

This real estate information comes in part from the Internet Data Exchange/Broker Reciprocity Program .

Information is deemed reliable but is not guaranteed.

© 2021 Central Texas MLS. All rights reserved.

SAN ANTONIO LIVING

Search Homes For Sale