Multifamily
Bundrant Apartments
1204 Bundrant Dr, Killeen, TX 76543
Listing Price: $1,200,000
Cap Rate
7.11%
Number of Units
21
GRM
6.53
Occupancy
91.0%
Price/Unit
$57,143
Price/Gross SF
$110.29
Gross SF
10,880
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of The Bundrant Apartments. Built in 1970, the property offers 21 units, and is conveniently located in Killeen, Texas.
Investment Highlights
- CONVENIENT LOCATION - LESS THAN ONE-MILE TO DOWNTOWN & FORT CAVAZOS
- STRONG DEMOGRPAHICS - MEDIAN HOUSEHOLD INCOME OVER $54,000
- SIGNIFICANT POPULATION GROWTH - POPULATION GROWTH OF 30.8% BETWEEN 2000-2022
- ADDITIONAL REVENUE STREAMS - WATER REIMBURSEMENT, PET RENT & CALBE/INTERNET BUNDLE
- NEW FINANCING AVAILABLE - FREE & CLEAR OF EXISTING DEBT
Exclusively Listed By
Financing By
Listing Price: $1,200,000
Cap Rate
7.11%
Number of Units
21
GRM
6.53
Occupancy
91.0%
Price/Unit
$57,143
Price/Gross SF
$110.29
Gross SF
10,880
Investment Highlights
- CONVENIENT LOCATION - LESS THAN ONE-MILE TO DOWNTOWN & FORT CAVAZOS
- STRONG DEMOGRPAHICS - MEDIAN HOUSEHOLD INCOME OVER $54,000
- SIGNIFICANT POPULATION GROWTH - POPULATION GROWTH OF 30.8% BETWEEN 2000-2022
- ADDITIONAL REVENUE STREAMS - WATER REIMBURSEMENT, PET RENT & CALBE/INTERNET BUNDLE
- NEW FINANCING AVAILABLE - FREE & CLEAR OF EXISTING DEBT
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of The Bundrant Apartments. Built in 1970, the property offers 21 units, and is conveniently located in Killeen, Texas.