Multifamily
Country Place
3316 E Rancier Ave, Killeen, TX 76543
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Country Place Apartments, a 137-unit, garden-style asset located in Killeen, Texas. Built in 1996, the property offers investors an opportunity to acquire a well-maintained, value-add community in one of the nation's fastest-growing markets, strategically positioned near Fort Cavazos (formerly Fort Hood), the largest active-duty armored post in the United States. Killeen has been ranked #2 fastest-growing city in America for two consecutive years.
Country Place is ideally situated along East Rancier Avenue, one of Killeen's primary commercial corridors, providing residents with convenient access to retail, dining, and entertainment options. The property's location offers direct connectivity to US Highway 190 and Interstate 14, enabling efficient commutes to Fort Cavazos, Temple, and the greater Central Texas region. The surrounding area benefits from significant investment in commercial and residential development, including the planned 200-acre Anthem Park Entertainment District.
Country Place
Investment Highlights
- 137 Units Located in the Nation's Fastest-Growing Market: Killeen ranks as the 2nd fastest-growing city in America for two consecutive years with population growth of 5.5% annually, driven by afford
- Value-Add Upside Potential: Interior renovation program offers proven ROI through unit enhancements including granite/quartz countertops, washer/dryer sets, updated cabinet fronts, and plank flooring
- Military-Anchored Demand: Located minutes from Fort Cavazos, the largest active-duty Army installation in the United States with 38,000 military personnel and a $29.8 billion annual state economic imp
- Strategic I-14 Corridor Location: Prime positioning along Killeen's primary commercial corridor with direct access to US-190 and I-14, connecting 130,000 daily commuters to regional employment centers.
- Young Workforce Demographics: Median age of 30.2 years with 43.5% of residents in prime earning years (ages 25-54), creating sustained renter demand for quality multifamily housing.
Listing Price: Request For Offer
Investment Highlights
- 137 Units Located in the Nation's Fastest-Growing Market: Killeen ranks as the 2nd fastest-growing city in America for two consecutive years with population growth of 5.5% annually, driven by afford
- Value-Add Upside Potential: Interior renovation program offers proven ROI through unit enhancements including granite/quartz countertops, washer/dryer sets, updated cabinet fronts, and plank flooring
- Military-Anchored Demand: Located minutes from Fort Cavazos, the largest active-duty Army installation in the United States with 38,000 military personnel and a $29.8 billion annual state economic imp
- Strategic I-14 Corridor Location: Prime positioning along Killeen's primary commercial corridor with direct access to US-190 and I-14, connecting 130,000 daily commuters to regional employment centers.
- Young Workforce Demographics: Median age of 30.2 years with 43.5% of residents in prime earning years (ages 25-54), creating sustained renter demand for quality multifamily housing.
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Country Place Apartments, a 137-unit, garden-style asset located in Killeen, Texas. Built in 1996, the property offers investors an opportunity to acquire a well-maintained, value-add community in one of the nation's fastest-growing markets, strategically positioned near Fort Cavazos (formerly Fort Hood), the largest active-duty armored post in the United States. Killeen has been ranked #2 fastest-growing city in America for two consecutive years. Country Place is ideally situated along East Rancier Avenue, one of Killeen's primary commercial corridors, providing residents with convenient access to retail, dining, and entertainment options. The property's location offers direct connectivity to US Highway 190 and Interstate 14, enabling efficient commutes to Fort Cavazos, Temple, and the greater Central Texas region. The surrounding area benefits from significant investment in commercial and residential development, including the planned 200-acre Anthem Park Entertainment District.
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