Investment Property in Copperas
2210 E Business 190 Copperas Cove, TX 76522
2210 E Business 190, Copperas Cove, TX, 76522
$575,000
For Sale
$575,000
Partially rented investment property on the main drag.
Property Size5,754 SF
Lot Size0.29 Acres
Price / SF$99.93
Days on Market131
Property Features for 2210 E Business 190
General Information
- Standard status
- Active
- Size
- 5,754 SF
- Lot size
- 0.29 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing Agency
Cloud Real Estate
(254) 289-1280
Listed by
Virginia Cloud · License #0205127
(254) 289-1280
Source
Elliman
Added: Mar 10 Checked: Jul 17 at 3:19 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cloud Real Estate
Investment Insights
Based on property information with market context.
This investment property is located on the main drag of Copperas Cove. The complex is currently partially rented. Units 1, 2, 3, and 6 are occupied by tenants, while Units 4-5 and 7 are vacant. Units 4 and 5 have been combined to create a larger suite. The approximate square footage of the units are as follows: Unit 1 is 1440 sqft, Unit 2 is 794 sqft, Unit 3 is 740 sqft, Unit 4-5 is 1040 sqft, Unit 6 is 300 sqft, and Unit 7 is 1440 sqft. Unit 1 has a potential tenant who will move in October 2025 with a monthly rent of $1,300 and a deposit of $1,300.
Key Highlights
- Investment property with existing rental income from Units 1, 2, 3, and 6.
- Located on the main drag of Copperas Cove.
- Unit 1 has a potential tenant for October 2025 at $1,300/month with a $1,300 deposit.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.8k | $15.60 |
| − Vacancy | −$6.1k | −$1.06 |
| EGI | $83.7k | $14.54 |
| − OpEx | −$37.6k | −$6.54 |
| NOI | $46.0k | $8.00 |
5,754 SF · lease $15.60/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$657.3K
$575.2K – $766.9K
NOI $46,012 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,745 @ 7.0% cap · market cap 16.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Partially rented investment property on the main drag.
Where is this apartment building located?
The property is located at 2210 E Business 190 Copperas Cove, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Investment property with existing rental income from Units 1, 2, 3, and 6.; Located on the main drag of Copperas Cove.; Unit 1 has a potential tenant for October 2025 at $1,300/month with a $1,300 deposit.