Address
307 N 14th Street # 1-26 Killeen, TX
Price
$ 1,399,000
Property Attributes
  • MLS#417122
  • TypePending
  • CountyBELL
  • CityKilleen
  • NeighborhoodHarbour
  • Zip76541
  • Style
  • Price$ 1,399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13760
  • Lot Size0.44 Acres
Listing Provided Courtesy Of:
Keller Williams Realty - Waco
Property Description

FULLY OCCUPIED, FULLY REMODELED, 26 UNIT COMPLEX WITH OVER A YEAR OF PROVEN PERFORMANCE! The owners completely rebuilt every unit from the studs up - Brand new HVAC, water heaters, appliances, everything. Units are all 1bed, 1 bath, 530sqft. 24 of 26 units are current at market rent of $575, 2 of 26 at $550. Property has boasted a 96%+ occupancy over the past 12months+; a truly turnkey investment! Tenants love the safety of full perimeter security fence and gate, and enjoy relaxing & grilling around the central Pergola. *YOU ARE RESPONSIBLE TO DO YOUR OWN DUE DILIGENCE - THE FOLLOWING ARE ESTIMATES* Gross Potential $181,158 | Vacancy/Concessions (4.5%) (-8,172$) | Fees (+$6,000) | Mgmt (7%) (-$12,110) | Insurance (-$8,190) | Taxes (-$24,500) | Utilities (-$9,672) | All Other Operating Expenses (-$13,260) ||| Total Expenses (-$67,732) (37.0%). Est. NET OPERATING INCOME $111,274 - est. CAP 7.95%

Price History
7/18/2020 Listed $1,399,000

General Features

Accessibility Level Lot
Appliances Electric Range, Electric Water Heater, Refrigerator
Architectural Style None
Construction Materials Brick, Masonry
Cooling Central Air, Electric
Elementary School District Killeen ISD
Exterior Features Covered Patio
Flooring Tile
Heating Central, Electric
High School District Killeen ISD
Interior Features Bedroom on Main Level
Levels Two
Middle/Junior School District Killeen ISD
Patio/Porch Features Covered, Patio
Property SubType Apartment
Property Type Residential
Roof Metal
Stories 2
Subdivision Name Harbour
Terms Cash, Conventional
Total Units 25
View None
Water Body Name None

Interior Features

Air Conditioning Y/N Yes
Fireplace Features None
Heating Y/N Yes
Laundry Features Other, See Remarks
Living Area 13760

Exterior Features

Fencing Split Rail, Security
Foundation Details Slab
Lot Size Acres 0.44
Lot Size Area 0.44
Road Frontage Type City Street
Road Surface Type Asphalt
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 76541

Price
AVG $200K
$1.4M
Visits
AVG 69
308
Year Built
AVG 1970
1970
Walkscore
AVG 56
79
Data Provided by Walkscore ® not using MLS data

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