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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

Multifamily

Bundrant Apartments

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.

Exclusively Listed By

Financing By

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