UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 51,964 sqft
Price per Sqft $153
Subdivision Sunflower Estates Ph Six
MLS Listing ID 569312
Construction Status Resale
HOA Y/N No
Year Built 2014
Lot Size 7,984 Sqft
Acres 0.1833
Property Sub-Type Commercial
Property Description
Cavazos via Clear Creek Rd. and is a prime location for rentals in the highly transient city of Killeen, TX. All duplexes are within ¼ mile of each other making the management of these units much easier and cheaper. These duplexes were built from 2013-2018 and are all in great shape with little to no maintenance necessary. Each duplex is a mixture of stone/brick on the exterior with a one car garage and two additional spots for cars in the driveway. Each unit already has an existing fence for privacy or for your animals and has a built-in sprinkler system to ensure proper lawn care. Each unit has 3 bedrooms and 2 full baths giving the owner flexibility to rent to large and small families alike. The inside boasts high end finishes for a duplex with granite countertops in the kitchen and bathrooms, stained and scored concrete floors, making these duplexes the perfect combination of luxury living with the robust finishes necessary for rental properties. An additional computer desk area is off the kitchen to provide space for schoolwork or professional work to be done. With over 10 yeas of rental history on all units, there is less than a 4% vacancy rate over the life of these duplexes with the bulk of the vacancies being the down time in between renters, while it is being cleaned for the next renter. Two full years of rental income and expenses have been captured to provide you with the Net Operating Income of this duplex investment package. Owner is selling this investment package on a 6% Capitalization Rate. DON'T MISS OUT on this amazing opportunity.
Location
State TX
County Bell
Interior
Interior Features See Remarks
Heating Central
Cooling Central Air, 1 Unit
Flooring Concrete, Painted/Stained
Inclusions None
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 1.0
Garage Description 1.0
Community Features None
Utilities Available Other, See Remarks
Amenities Available None
View Y/N No
Water Access Desc Public
View None
Accessibility None
Building
Story 1
Entry Level One
Foundation Slab
Water Public
Level or Stories One
Construction Status Resale
Others
Tax ID 438024
Virtual Tour https://player.vimeo.com/video/1051229898?byline=0&title=0&owner=0&name=0&logos=0&profile=0&profilepicture=0&vimeologo=0&portrait=0
Learn More About LPT Realty
Randy Rodriguez
Team Lead/REALTOR® | License ID: 751541
Team Lead/REALTOR® License ID: 751541