Six-Unit Apartment Income
A-f-603 Sunset Ln Copperas Cove, TX 76522
A-f-603 Sunset Ln, Copperas Cove, TX, 76522
$299,000
For Sale
$299,000
For sale six-unit residential income property with immediate revenue in Copperas Cove, Texas.
Property Size3,136 SF
Price / SF$95.34
Days on Market64
Property Features for A-f-603 Sunset Ln
General Information
- Standard status
- Active
- Size
- 3,136 SF
Listing agency
Ctexas Realty
(254) 289-7691
Listed by
Jeanette Dempsey · License #0611759
(254) 289-7691
Source
Exprealty
Added: May 20 Updated: Jul 21 at 4:53PM Checked: Jul 22 at 8:12AM
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 Ctexas Realty
Investment Insights
Based on property information with market context.
This for-sale residential income property contains six rentable units, providing immediate on-site revenue. The property is listed with a total size of 3,136 square feet.
Located at A-f-603 Sunset Ln in Copperas Cove, Texas, the building is positioned as a straightforward small multifamily holding for buyers seeking a compact, unit-based rental structure.
Located at A-f-603 Sunset Ln in Copperas Cove, Texas, the building is positioned as a straightforward small multifamily holding for buyers seeking a compact, unit-based rental structure.
Key Highlights
- Six‑unit residential income property for sale in Copperas Cove, Texas
- Immediate revenue reported with current rental operations
- Strong tenant base reported with monthly income
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 | $48.9k | $15.60 |
| − Vacancy | −$3.3k | −$1.06 |
| EGI | $45.6k | $14.54 |
| − OpEx | −$20.5k | −$6.54 |
| NOI | $25.1k | $8.00 |
3,136 SF · lease $15.60/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$358.2K
$313.5K – $418.0K
NOI $25,077 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$753.2K
$659.1K – $878.8K
NOI $52,727 @ 7.0% cap · market cap 17.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - For sale six-unit residential income property with immediate revenue in Copperas Cove, Texas.
Where is this apartment building located?
The property is located at A-f-603 Sunset Ln Copperas Cove, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Six‑unit residential income property for sale in Copperas Cove, Texas; Immediate revenue reported with current rental operations; Strong tenant base reported with monthly income
