420 Gilmer St Killeen, TX 76541
This exceptional Killeen, Texas property at 420 N Gilmer St, zip code 76541, presents a unique investment opportunity combining retail space and residential apartments. Built in 1976, the property features a 714 square foot retail space currently with one unit available for lease. The property also includes multiple apartment units, offering a diverse income stream. Apartment options include one-bedroom, one-bathroom units renting for $550 per month and two-bedroom, one-bathroom units renting for $695 per month. One of the one-bedroom, one-bathroom units is currently available. The apartments boast recently updated interiors, featuring attractive laminate flooring throughout and all-white kitchen appliances. This prime location in downtown Killeen offers unparalleled convenience, with close proximity to Fort Cavazos and a variety of amenities including restaurants, gas stations, and shopping centers. The property's strategic location and the combination of retail and residential units make it an attractive investment for those seeking a diversified portfolio. The property's latitude and longitude coordinates are 31.1241941, -97.7367813 respectively. This is a rare opportunity to acquire a well-situated property with strong rental potential in a thriving Texas market.
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Village West Apartments Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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