Killeen, TX 76549,4509 Passion Flower LOOP
Killeen, TX 76549,4509 Passion Flower LOOP
Killeen, TX 76549,4509 Passion Flower LOOP
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$7,983,948
Est. payment /mo
51,964 SqFt

UPDATED:

02/13/2025 08:41 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 51,964 sqft

Price per Sqft $153

Subdivision Sunflower Estates Ph Six

MLS Listing ID 569312

Construction Status Resale

HOA Y/N No

Year Built 2014

Lot Size 7,984 Sqft

Acres 0.1833

Property Sub-Type Commercial

Property Description

A DON'T MISS OPPORTUNITY FOR INVESTORS! Don't miss out on the opportunity to own a 20 unit (40 doors) duplex package in the fast growing Ft. Cavazos area of Central Texas. These duplexes are all co-located in the same neighborhood that is less than ½ mile outside the Clear Creek gate of Ft. Cavazos, providing quick ingress and egress into the military post. This neighborhood is the closest non-government housing to Ft.
Cavazos via Clear Creek Rd. and is a prime location for rentals in the highly transient city of Killeen, TX. All duplexes are within ¼ mile of each other making the management of these units much easier and cheaper. These duplexes were built from 2013-2018 and are all in great shape with little to no maintenance necessary. Each duplex is a mixture of stone/brick on the exterior with a one car garage and two additional spots for cars in the driveway. Each unit already has an existing fence for privacy or for your animals and has a built-in sprinkler system to ensure proper lawn care. Each unit has 3 bedrooms and 2 full baths giving the owner flexibility to rent to large and small families alike. The inside boasts high end finishes for a duplex with granite countertops in the kitchen and bathrooms, stained and scored concrete floors, making these duplexes the perfect combination of luxury living with the robust finishes necessary for rental properties. An additional computer desk area is off the kitchen to provide space for schoolwork or professional work to be done. With over 10 yeas of rental history on all units, there is less than a 4% vacancy rate over the life of these duplexes with the bulk of the vacancies being the down time in between renters, while it is being cleaned for the next renter. Two full years of rental income and expenses have been captured to provide you with the Net Operating Income of this duplex investment package. Owner is selling this investment package on a 6% Capitalization Rate. DON'T MISS OUT on this amazing opportunity.

Location

State TX

County Bell

Interior

Interior Features See Remarks

Heating Central

Cooling Central Air, 1 Unit

Flooring Concrete, Painted/Stained

Inclusions None

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 1.0

Community Features None

Utilities Available Other, See Remarks

Amenities Available None

View Y/N No

Water Access Desc Public

View None

Accessibility None

Building

Lot Description < 1/4 Acre

Entry Level One

Foundation Slab

Water Public

Level or Stories One

Construction Status Resale

Others

Tax ID 438024

Virtual Tour https://player.vimeo.com/video/1051229898?byline=0&title=0&owner=0&name=0&logos=0&profile=0&profilepicture=0&vimeologo=0&portrait=0


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Listed by Michael Schwartz • Elevate Texas Real Estate

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agent

Melissa Isaac

+1(512) 877-8060

Agent | License ID: 810117

Agent License ID: 810117

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