1808 N 8th St, Killeen, TX 76541

16 Bedroom(s)

16 Full Bath(s)

9,460 Lot Sqft

Multi-Family - 5 Plus

114 Day(s) on HAR.com

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 ~ 416 SF per Unit Some units recently renovated with increased rents; potential for more rent increases First year property management fees are waived if buyer chooses to continue with current management 2023 Gross Rental Income: $95,054; NOI: $69,829; 7.75% CAP Pro Forma Effective Rental Income: $126,060; NOI: $82,092; 9.1% CAP Uncovered parking and individual AC & heat in each unit.

MLS#

NTREIS-20577134

List Price

$900,000

Listing Status

For Sale

Address

1808 N 8th St

City

Killeen

State

Zip Code

76541

County

Bell County

Subdivision

COX

Property Type

Multi-Family - 5 Plus

Bedroom

16 Bedroom(s)

Bath

16 Full Bath(s)

Stories

Year Built

1970 /Appraisal District

Lot Size

9,460 Sqft./Appraisal District

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PRESENTED BY

Patrina White Platinum

4.94 / 5 (34 surveys)

Sucre' Realty

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Exterior

Roof

Composition

Foundation

Slab

Private Pool

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

9,460 Sqft. /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

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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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.