Contacts

The Multifamily Group
Property Details
- Property Type Multi-Family
- Property Size 168,621 SF
- Units 116
- Lot Size 3.87 Acre
- # of Floors 2
- Building Class C
- Year Built 1965
- Date Updated Mar 24, 2025
$869,000+ Invested by Current Owners – Majority of Units Renovated, with Many Featuring New HVAC Systems, and New Boilers Installed
~$190/Unit/Month Under Market Rents
68% of the Units are Two-Bedroom Units
15% Cash-on-Cash Averaged Over Five Years Once Stabilized
$56,000+ Median HH Income in a Five-Mile Radius (Yardi)
Less than 10 Minutes from the Largest U.S. Military Base - Fort Cavazos
501,333 MSA Population
Killeen Recently Ranked as the Most Affordable, Fastest-Growing City in the U.S. & Top 10 Best Places to Live in Texas (U.S. News and World Report & Business Insider)
More than Half of the Residents are Renting - U.S. Census Bureau
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Killeen, TX
- Neighborhood Killeen
- Zip Code 76541
- Market Central East Texas
Points of Interest
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7-Eleven
0.18 miles
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Shell
0.60 miles
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E-Z Way
0.63 miles
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Texaco
0.76 miles
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Valero
1.02 miles
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Exxon
1.19 miles
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Chevron
1.40 miles
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H-E-B Fuel
1.64 miles
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Tesla Supercharger
5.57 miles
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Parking Lot C
3.88 miles
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Killeen-Fort Hood Regional Airport Parking
5.83 miles
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Short Term Parking (Killeen-Fort Hood Regional Airport)
5.90 miles
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Rental Lot
5.90 miles
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La Quinta Inn Killeen - Fort Hood
0.43 miles
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Fairfield Inn
1.09 miles
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Holiday Inn
1.15 miles
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Candlewood Suites
1.15 miles
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WoodSpring Suites Killeen
1.16 miles
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TownePlace Suites Killeen
1.17 miles
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Residence Inn
1.18 miles
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Quality Inn
1.39 miles
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Sleep Inn
1.41 miles
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Holiday Terrace
1.45 miles
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O Mart
0.11 miles
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Big Lots
0.16 miles
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HomeSmart
0.20 miles
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USA Living
0.35 miles
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USA Discounters
0.36 miles
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H-E-B plus!
1.67 miles
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Warrior Way Commissary
1.80 miles
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Walmart Supercenter
1.87 miles
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Killeen Mall
2.09 miles
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Dillard's
2.10 miles
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.

The Multifamily Group