Six-Unit Apartment Income
For Sale
$299,000
A-f-603 Sunset Ln, Copperas Cove, TX 76522
For sale six-unit residential income property with immediate revenue in Copperas Cove, Texas.
Property Size3,136 SF
Price / SF$95.34
Days on Market141
Property Features for A-f-603 Sunset Ln
General Information
Standard status
Active
Size
3,136 SF
Listing Agency:
Ctexas Realty
(254) 634-5383
Listed By:
Jeanette Dempsey · License #0611759
(254) 289-7691
Source:
Exprealty
Added: May 20
Changed: Oct 3
Last Checked: Oct 5 at 7:57PM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,077
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,540
$501.5K
Cap Rate 7%
$358,243
$358.2K
Cap Rate 9%
$278,633
$278.6K
Market Conditions
NOI Build-Up for 3,136 SF
Gross rent
$48.9K $15.60/SF
− Vacancy
−$3.3K −$1.06/SF
EGI
$45.6K $14.54/SF
− OpEx
−$20.5K −$6.54/SF
NOI
$25.1K $8.00/SF
Area
Coryell County, TX
Vacancy
6.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,540
Cap Rate 7%
$358,243
Cap Rate 9%
$278,633
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Explore this area
Business Placement
Demographics for 76522, TX
41,123
Population
17,370
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
94%
High-School Grad
115.0 sq mi
ZIP Area
358
Density / Sq Mi
$70,629
Median Household Income
$39,126
Median Earnings
$1,029
Median Rent
$174,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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
