Six Plex FOR SALE

Multi-Family for Sale
Catylist Listing ID: 29896641
Number of Units: 6 Units
Building Size (RSF): 1,500 SF
Gross Land Area: 6,316 SF
Sale Price: $82,500
Unit Price: $13,750 Per Unit
Property Use Type: Investment
Building Name: 12th Street Six Plex
Usable Size (USF): 1,500 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/4/2017

Overview / Comments

PRICE REDUCED $82,500. CASH "AS IS" sale ONLY !!

Two story apartment building brick with metal siding with 3 one bedroom units down stairs and 3 one bedroom units upstairs. Window heat and cool units.
Located just of Rancier Avenue near the entrance to Fort Hood. 5 of 6 occupied with possibility of rent increases.
Owner will consider Owner Financing with minimum $25,000 down at 5% for w/15 year amortization and a 5 year balloon.

Additional Details

Nearest MSA: Killeen-Temple
County: Bell
Taxing Authority: Bell Cad
Tax ID/APN: 97731
Zoning: R-3
Percent Occupied: 83%
Property Located Between: 10th Street and 18th Street just north of Rancier.
Highway Access: Rancier Ave to Hwy 190
Airports: Greater Killeen
Site Description: Lot is 1/2 block north of Rancier on N. 12th.
Area Description: Low income area just off Rancier Avenue.
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 2
Year Built: 1974
Roof Type: Gambrel
Construction/Siding: Brick
Exterior Description: Brick
Parking Type: Surface
Parking Description: Paved off street parking.
Total Parking Spaces: 12
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Wall Units
Fuel: Electric
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: One bedroom units with living room, kitchen, bathroom and bedroom and window heat and cool units.
Zoning Description: R-3 Multifamily
Lot Frontage: 70'
Lot Depth: 96'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: .145 +/- acres out of the J.R. Smith Survey, 760-43, Killeen, Bell County, Texas

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,304 80,907 154,298
Median Age: 28.02 27.61 27.69
Households: 4,468 31,153 55,123
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