Multifamily in Copperas Cove

501 Sunset Ln Copperas Cove, TX 76522

501 Sunset Ln, Copperas Cove, TX, 76522
501 Sunset Ln, Copperas Cove, TX, 76522
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$350,000
Last Verified:
Jan 14, 2021

Highlights

  • Six units, each is 750 sq ft.
  • Each unit features 2 bed, 1 bath.
  • Recessed lighting, remodeled bathrooms, fresh paint, and hard flooring throughout.
  • Current Cap Rate of 8.14% projected to increase to 10.46% in 2021.
  • NOI $30,514.95 - projected for 2021 at $39,214.95.
  • Located 10 miles from Fort Hood.
  • Located less than 1 mile from Hwy 190.
  • Never publicly listed for rent, but always occupied.

Description

This 6-plex has been renovated in 2020. Rents will increase with renewals or new leases.

Less than 1 mile from Hwy 190 on Sunset Lane in Copperas Cove.


Year Built: 1971
Building Size: 4503sq ft
Lot Size: 0.24 acres

Map of 501 Sunset Ln, Copperas Cove, TX, 76522

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