Active
4509 Passion Flower Loop
Killeen TX, 76549
$7,983,949
$153.64 per sqft
Active
51,964 sqft
Commercial
Built in 2014
A DON'T MISS OPPORTUNITY FOR INVESTORS! Don't miss out on the opportunity to own a 20 unit (40 doors) duplex package in the fast growing Ft. Cavazos area of Central Texas. These duplexes are all co-located in the same neighborhood that is less than 1/2 mile outside the Clear Creek gate of Ft. Cavazos, providing quick ingress and egress into the military post. This neighborhood is the closest non-government housing to Ft.
Cavazos via Clear Creek Rd. and is a prime location for rentals in the highly transient city of Killeen, TX. All duplexes are within 1/4 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.
569312
MLSⓇ ID
February 11, 2025
Listed
February 21, 2025
Updated
Interior Features
Total Stories
1
Interior Features
See Remarks
Floor Description
Concrete, Painted/Stained
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, 1 Unit
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.18 Acres
Other Property Details
Days on Market
2
Accessibility
None
Association Amenities
None
Garage
Yes
Garage Spaces
1
Parking
Garage
View
No
View Description
None
County
Bell
Water Source
Public
Pool
No
Utilities
Other, See Remarks
Courtesy of Elevate Texas Real Estate, Michael Schwartz
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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