Multifamily
Copper Mountain
2501 Bacon Ranch Rd, Killeen, TX 76542
Listing Price: $18,750,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Copper Mountain, a 211-unit apartment community built in 1985 in Killeen, Texas. The property offers significant value creation through a potential $4.2 million immediate tax deduction via cost segregation and bonus depreciation, along with more than $120,000 in projected NOI improvement through insurance expense optimization. Investors benefit from outstanding projected returns, including an estimated 7.3% tax-adjusted cap rate, approximately 12% year-one total return, and a 28% five-year leveraged IRR. Positioned within one of America’s fastest-growing and most affordable cities and supported by the massive employment base of Fort Cavazos, Copper Mountain represents a compelling opportunity for both strong current yield and long-term appreciation.
Investment Highlights
- Capture $4.2M immediate tax deduction plus $120K+ NOI upside through insurance savings
- Strong projected returns including ~12% year-one total return and 28% five-year IRR
- Supported by Fort Cavazos employment base and rapid regional population growth
Listing Price: $18,750,000
Investment Highlights
- Capture $4.2M immediate tax deduction plus $120K+ NOI upside through insurance savings
- Strong projected returns including ~12% year-one total return and 28% five-year IRR
- Supported by Fort Cavazos employment base and rapid regional population growth
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Copper Mountain, a 211-unit apartment community built in 1985 in Killeen, Texas. The property offers significant value creation through a potential $4.2 million immediate tax deduction via cost segregation and bonus depreciation, along with more than $120,000 in projected NOI improvement through insurance expense optimization. Investors benefit from outstanding projected returns, including an estimated 7.3% tax-adjusted cap rate, approximately 12% year-one total return, and a 28% five-year leveraged IRR. Positioned within one of America’s fastest-growing and most affordable cities and supported by the massive employment base of Fort Cavazos, Copper Mountain represents a compelling opportunity for both strong current yield and long-term appreciation.