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$1,999,999

209 Root Avenue, Killeen, TX, 76541

On MarketInfo
Beds— Beds
Baths— Bath
Baths20,196 Sq Ft
ApartmentApartment
price_per_sqft$99.03 / sqft
Year BuiltBuilt in 1973

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesElectric Range, Electric Water Heater, Oven, Refrigerator, Range Hood, Water Heater, Microwave, Range
FlooringLaminate

About this property

Total of 31 units. Excellent Apartment Complex with great cash flow. Upgrades include new exterior paint, new vinyl windows, most units have had interior upgrades to include paint and solid surface floors, 14 new central heat and air units, remainder wall units were recently upgraded. These units are in great condition. Complex has separate office/storage area that easily could be another unit and a commercial laundry room that needs repair. New Shingles. Great current income in place.

Investor Tools

$0Estimated Mortgage Balance
$1,312,554Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

Interested in this property?

Jimmy Ashby

Ashby Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%

City: Killeen

209 Root Avenue | Property Details | No Agent List