Deniz Yalmaz
Ultima Real Estate
License number: 0540137 mobile: 817-233-0249
e-mail: deniz@intelrealty.com
www.intelrealty.com
5220 Spring Valley Rd #160, Dallas, TX 75254
Ultima Real Estate
License number: 0540137 mobile: 817-233-0249
e-mail: deniz@intelrealty.com
www.intelrealty.com
5220 Spring Valley Rd #160, Dallas, TX 75254
Ultima Real Estate License number: 0540137 mobile: 817-233-0249 www.intelrealty.com 5220 Spring Valley Rd #160 Dallas, TX 75254 |
1808 8th Street, Killeen, Texas 76541, USA
MLS#:
20577134
Property type:
Residential For Sale, Apartment
Land size:
0.22 sqft (0.02 m2)
Building Size:
6,656 sqft (618.3 m2)
- 16 bedrooms
- 16 full baths
1970
Year Built:
Brick
Construction:
Resale
Condition:
Refrigerator, Microwave
Appliances:
Ceramic tile, vinyl
Floors:
city water, City sewer
Utilities:
Central, Electric
Heating System:
Electric, Window Unit(s)
Cooling System:
On Slab
Basement and Foundation:
composition
Roofing:
16
Number of parking spaces:
Parking Lot
Parking type:
Killeen ISD
School District:
Pershingpa
Elementary School:
Killeen
High School:
Rancier
Middle School:
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.
Listing by: Drake Real Estate & Investment
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