Collect $2,200/month OR MORE on this Residential 4-plex in Killeen, TX
Perfect Starter Property
• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?
For a price of Single Family Home, you can have 4 income-producing units!
PRICED TO MOVE QUICKLY: $135,000
This multifamily property offers multiple money-generating strategies:
• Current Occupancy: 100%
• $17,160 actual annual NOI
• Cash on Cash Return on Actuals: 30%
• Perfect Residential Multifamily deal
• Great location, Killeen, Fort Hood the largest military base in the world
• Excellent Property Management is available
• Killeen is 1 hour drive from Austin
• Value play: Rent Increase!
• Major Employers in Killeen: Fort Hood, Darnell Army Medical Center ($1 billion project just completed), Killeen ISD, Seton Medical Center, Texas A&M Central Texas, Central Texas College, Walmart, Metroplex Adventist Hospital, HEB, Kmart and Mantech Telecommunications
• Cap Rate 12%
This is an off-market deal.