Downtown Manor
603 Hall Ave
Killeen, TX 76541
Highlights
- Recent Capital Improvements
- Seller Financing Available
- Strong Cash on Cash Return Year 1
Description
The Go-Getters Multifamily Team is excited to present the Downtown Manor Apartments, a 16-unit apartment community located in Killeen, TX. Built in 1976, this property features exclusively one-bedroom layouts. This investment opportunity offers multiple value-add avenues, including the implementation of a RUBS program to enhance NOI and the potential for significant rent growth by aligning current rental rates with the prevailing market rates.
603 Hall Ave in Killeen, Texas, is strategically situated near a variety of amenities and employment opportunities that enhance its appeal. Key employers in the area include DLA Distribution Red River, Central Texas College, and Seton Medical Center, all of which contribute to the local economy. Additionally, the property is just a short distance from Fort Hood, one of the largest military installations in the world, serving as a major employer and fostering a stable influx of residents.
