1808 N 8th St

Killeen, TX 76541
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16 Bedroom(s)
16 Full Bath(s)
0.22 Lot Acres
Multi-Family - 5 Plus

Audio narrative

Description

Fantastic investment opportunity in Killeen, TX along the I-35 Hwy corridor, just an hour north of Austin. This 16-unit complex cash flows in as-is condition, with potential for 10-20% rent increases. Close to Fort Hood military base and Samsung $17 billion chip plant that expects to bring in 3,000 new jobs. Killeen ranks as one of the most affordable and fastest growing cities in Texas (GoBankingRates report, 2024). All units 1 bedroom, 1 bathroom; ~ 525 sqft. One unit recently renovated, one in process of make-ready—other 14 units could use updates, currently cash flows as-is. First year property management fees are waived if buyer chooses to continue with current management. 2023 Gross Rental Income: $95,054; NOI: $69,829; 7.5% CAP. Potential for rent increases with updated renovations. Uncovered parking and individual AC & heat in each unit.

MLS#
NTREIS-20577134
List Price
$925,000
Listing Status
For Sale
Address
1808 N 8th St
City
State
TX
Zip Code
County
Subdivision
COX
Property Type
Multi-Family - 5 Plus
Bedroom
16 Bedroom(s)
Bath
16 Full Bath(s)
Stories
2
Year Built
1970 /Appraisal District
Lot Size
0.22 Lot Acres/Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick
Parking
Off Street, On Site, Parking Lot, Paved
Utility
City Sewer, City Water, Electricity Connected

Interior

Floors
Ceramic Tile, Vinyl
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Electric Range, Microwave, Refrigerator

Lot information

Lot Size
0.22 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Jul 05, 2024 at 02:41 AM
Listing last updated Jun 18, 2024 at 01:30 AM
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1808 N 8th St, Killeen, TX 76541. View photos, map, tax, nearby homes for sale, home values, school info...

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