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    420 Gilmer St Killeen, TX 76541
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    420 Gilmer St, Killeen, TX 76541

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    • Retail properties & Spaces
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Village West Apartments / Apartment Building

    Property Details for 420 Gilmer St

    Year built
    1976
    Property type
    Retail properties & Spaces

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.7368
    Latitude
    31.1242
    More about this property
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