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4308 Zephyr Road , 1-24

Killeen, TX 76543
  • $2,049,500
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 451545
$2,049,500
  • 0
    BEDS
  • 1.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,000
    SQFT
  • $121
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

BEAUTIFUL, SECLUDED, RENOVATED 24 UNIT APARTMENT COMPLEX CENTERED IN THE HEART OF KILLEEN! This incredible all two-bedroom property sits quietly tucked away on its own, yet is still under 2 minutes to Hwy 190 & 9 minutes to Ft Hood! Over the past year the property and the majority of the units have received extensive renovations and improvements both inside & out! Appliances, HVACs, flooring, counters, cabinets, paint, roof repair & replacement, parking lot redone & resealed, perimeter fence - too many things to list! Several units were completely rebuilt, most received cosmetic overhauls. Developers - the central courtyard is over an acre & sizeable enough to build more units on! Remodeled units rent for $725, new leases/renewals - $650. Overall avg rent ~$600, & increasing as units renewed to mkt. *PROFORMA ESTIMATES* Gross Mkt Rent, incl. vacancy & loss to lease: $188,834. Gross Exp. Incl. mgmt, taxes, ins., R&M, utilities, etc.: $39,989. PROFORMA NOI - $148,845 - 7.25% CAP

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© 2021 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Rutherford Realty Group | The Real Estate Home Team. Data last updated: 2021-12-06T00:05:32.42.
www.rutherfordrealtygroup.com/homes/121433201
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4308 Zephyr Road , 1-24 Killeen, TX 76543

  • Price: $2,049,500
  • Status: Active
  • On Site: 82 Days
  • MLS #: 451545
0
Beds
0
Baths
0
½ Baths
1.22
Acres
17,000
SQFT
$121
$/SQFT
1973
Built
Neighborhood:
Town East Add
County:
Bell
Area:
Killeen
Elementary School:
Ira Cross Elementary School
Middle School:
Manor Middle School
High School:
Killeen High School
School District:
Killeen Isd
Property Description
BEAUTIFUL, SECLUDED, RENOVATED 24 UNIT APARTMENT COMPLEX CENTERED IN THE HEART OF KILLEEN! This incredible all two-bedroom property sits quietly tucked away on its own, yet is still under 2 minutes to Hwy 190 & 9 minutes to Ft Hood! Over the past year the property and the majority of the units have received extensive renovations and improvements both inside & out! Appliances, HVACs, flooring, counters, cabinets, paint, roof repair & replacement, parking lot redone & resealed, perimeter fence - too many things to list! Several units were completely rebuilt, most received cosmetic overhauls. Developers - the central courtyard is over an acre & sizeable enough to build more units on! Remodeled units rent for $725, new leases/renewals - $650. Overall avg rent ~$600, & increasing as units renewed to mkt. *PROFORMA ESTIMATES* Gross Mkt Rent, incl. vacancy & loss to lease: $188,834. Gross Exp. Incl. mgmt, taxes, ins., R&M, utilities, etc.: $39,989. PROFORMA NOI - $148,845 - 7.25% CAP
Exterior Features

Carport Spaces 0 Construction Materials BrickMasonry Fencing Chain LinkFullSecurityWood Foundation Details Slab Garage YN No Pool Features None Structure Type Apartment View None View YN No Waterfront YN No

Interior Features

Appliances DishwasherElectric RangeElectric Water HeaterDisposalRefrigeratorRange Hood Fireplace Features None Fireplace YN No Flooring LaminateLinoleumTileVinyl Heating Central Heating YN Yes Interior Features Ceiling Fan(S)Tub Shower Laundry Features None Levels Two

Property Features

Accessibility Features None Association Fee 0 Association YN No Listing Terms CashConventional Property Condition Resale Property Subtype Apartment Road Frontage Type City Street Road Surface Type AsphaltConcrete Sewer Public Sewer Spa YN No Water Source Public Zoning Description R-3



© 2021 Central Texas MLS.
Listing courtesy of Lucas Brandt of Keller Williams Realty, Waco.



© 2021 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Rutherford Realty Group | The Real Estate Home Team. Data last updated: 2021-12-06T00:05:32.42.
 
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Rutherford Realty Group | The Real Estate Home Team
5402 Cowman Dr
Belton TX, 76513