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424 N Gilmer St

Killeen, TX 76541
  • $3,000,000
  • STATUS: Active
  • ID#: 3571108
UPDATED: 41 min ago
$3,000,000
  • 0
    BEDS
  • 1.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1976
County:
Area:

School Ratings & Info

Description

Offer deadline 5pm on 10/1/2021. Great investment opportunity in the heart of Killeen,Tx, part of Greater Austin Area. 41 Units total. Gated apartment community of 40 units comprised of 31 [1bd x 1ba], 6 [2bd x 1ba], 1 SFR [2bd x 1ba] and 2 Storage units plus property includes a cash producing laundry mat. Land available for future expansion.Tenant pays electric, water and sewage. Great occupancy rate and history. Major renovation in 2018-2019 and new roof in July 2020. Remaining 5 units & laundry mat are currently undergoing remodel. Proforma 1 BD $650, 2 BD $750 with some variations. Great income and rent rolls available for your review. Buyers / Investors can earn over $200k a year. This unit is in a popular area; Stays rented and property mgmnt team in place to turn over lease records. Four (4) star Middle schools which makes the area desirable for families. This type of investor opportunity doesn't come along every year! Present Offers!

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© 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2021-10-24T15:00:15.173.
www.buyandsellaustintx.com/homes/121382020
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424 N Gilmer St Killeen, TX 76541

  • Price: $3,000,000
  • Status: Active
  • Updated: 41 min ago
  • ID#: 3571108
0
Beds
0
Baths
0
½ Baths
1.05
Acres
1976
Built
Neighborhood:
Spofford
County:
Bell
Area:
Killeen
Property Description
Offer deadline 5pm on 10/1/2021. Great investment opportunity in the heart of Killeen,Tx, part of Greater Austin Area. 41 Units total. Gated apartment community of 40 units comprised of 31 [1bd x 1ba], 6 [2bd x 1ba], 1 SFR [2bd x 1ba] and 2 Storage units plus property includes a cash producing laundry mat. Land available for future expansion.Tenant pays electric, water and sewage. Great occupancy rate and history. Major renovation in 2018-2019 and new roof in July 2020. Remaining 5 units & laundry mat are currently undergoing remodel. Proforma 1 BD $650, 2 BD $750 with some variations. Great income and rent rolls available for your review. Buyers / Investors can earn over $200k a year. This unit is in a popular area; Stays rented and property mgmnt team in place to turn over lease records. Four (4) star Middle schools which makes the area desirable for families. This type of investor opportunity doesn't come along every year! Present Offers!
Exterior Features

Attached Garage YN No Bays 0 Construction Materials AsphaltBrick Foundation Details Slab Garage YN No Other Structures None Parking Features Additional ParkingAlley AccessAsphalt Road Surface Type Asphalt Stories Total 2 View City Waterfront YN No

Interior Features

Building Area Total 20560 Cooling Central Air Flooring TileVinyl Heating Central

Property Features

Accessibility Features Accessible Stairway Additional Parcels YN Yes Building Features Appliances Current Use InvestmentLaundromatMulti-Family Estimated Taxes 16700 Horse YN Yes Listing Terms CashConventional1031 Exchange New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Standard Utilities Electricity ConnectedSewer ConnectedWater Connected Water Source Public

Property listed by Psg Real Estate Services Llc.


© 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2021-10-24T15:00:15.173.
 
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Lauren McCoy | David Brodsky Properties
2312 Western Trails Blvd. D-404
Austin TX, 78745