306 N Gilmer St

For Sale

306 N Gilmer St, Killeen, TX 76541

This Killeen property for sale is located at 306 N Gilmer St. Contact the listing broker for details on the current sale price for 306 N Gilmer St. 306 N Gilmer St is situated on a lot that is 0.92 acre in size.

Contacts

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 25,057 SF
  • Units 33
  • Lot Size 0.92 Acre
  • Additional Rent Contact for pricing
  • Year Built 1970
  • Date Updated Nov 6, 2024
The Gilmer Street Apartments are conveniently located within a 5-minute drive of the top fast food options of McDonalds, Subway, Taco Bell, Burger King, and Raising Canes. Other major points of interest include Fort Cavazos military base and Downtown Killeen which is seeing current investment from the city. The City of Killeen is located on Interstate-35 in the "Texas Triangle" which connects the major Texas metros of Dallas, Austin, Houston, and San Antonio. Killeen has seen the median income grow 9.64% from 2021-22' and population grow 5.12% since the 2020 census.The Gilmer Street Apartments are a 33 unit apartment community consisting of 3 one-bedroom units, 16 two-bedroom units, and 14 three-bedroom units. The property also has a newly installed laundry room with 4 washers and 4 dryers for the tenant's convenience. There is opportunity to increase the cash flow through implementing RUBS to offset the property's water utility expense and completing additional unit upgrades to achieve higher rental income. The positive building attributes include the metal roofs, PVC plumbing, and recently updated catwalk & staircases.

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Highlights

  • Value Add - RUBS to offset Water Expense
  • Value Add - Unit Upgrades for Rent Premium
  • Metal Roofs & PVC Plumbing

Getting around

  • 67/100

    Walk Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Killeen, TX
  • Neighborhood Killeen
  • Zip Code 76541
  • Market Central East Texas

Points of Interest

  • Valero

    0.44 miles

  • Exxon

    0.65 miles

  • 7-Eleven

    0.66 miles

  • Texaco

    0.95 miles

  • E-Z Way

    1.24 miles

  • Shell

    1.25 miles

  • CEFCO

    1.62 miles

  • Chevron

    2.06 miles

  • Tesla Supercharger

    5.66 miles

  • Parking Lot C

    4.15 miles

  • Killeen-Fort Hood Regional Airport Parking

    6.43 miles

  • Short Term Parking (Killeen-Fort Hood Regional Airport)

    6.49 miles

  • Rental Lot

    6.50 miles

  • La Quinta Inn Killeen - Fort Hood

    1.08 miles

  • Holiday Terrace

    1.44 miles

  • High Fye Inn

    1.59 miles

  • Fairfield Inn

    1.69 miles

  • Candlewood Suites

    1.70 miles

  • WoodSpring Suites Killeen

    1.72 miles

  • Holiday Inn

    1.74 miles

  • Residence Inn

    1.77 miles

  • TownePlace Suites Killeen

    1.78 miles

  • Motel 6

    1.99 miles

  • O Mart

    0.72 miles

  • Big Lots

    0.79 miles

  • HomeSmart

    0.84 miles

  • USA Living

    0.94 miles

  • USA Discounters

    0.94 miles

  • Warrior Way Commissary

    1.19 miles

  • H-E-B plus!

    2.22 miles

  • Walmart Supercenter

    2.35 miles

  • Killeen Mall

    2.38 miles

  • Dillard's

    2.40 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial