4509 PASSION FLOWER LOOP, KILLEEN, TX 76549
Homes for sale in Killeen.
Homes for sale in 76549.
List Price$7,500,000
4509 Passion Flower Loop
Killeen, TX 76549
Listing #569312
51,964
Square Feet
Commercial
Type
About This Property
A DON'T MISS OPPORTUNITY FOR INVESTORS! Don't miss out on the opportunity to own a 20 unit (40 doors) duplex package in the fast growing Ft. Cavazos area of Central Texas. These duplexes are all co-located in the same neighborhood that is less than ½ mile outside the Clear Creek gate of Ft. Cavazos, providing quick ingress and egress into the military post. This neighborhood is the closest non-government housing to Ft. Cavazos via Clear Creek Rd. and is a prime location for rentals in the highly transient city of Killeen, TX. All duplexes are within ¼ mile of each other making the management of these units much easier and cheaper. These duplexes were built from 2013-2018 and are all in great shape with little to no maintenance necessary. Each duplex is a mixture of stone/brick on the exterior with a one car garage and two additional spots for cars in the driveway. Each unit already has an existing fence for privacy or for your animals and has a built-in sprinkler system to ensure proper lawn care. Each unit has 3 bedrooms and 2 full baths giving the owner flexibility to rent to large and small families alike. The inside boasts high end finishes for a duplex with granite countertops in the kitchen and bathrooms, stained and scored concrete floors, making these duplexes the perfect combination of luxury living with the robust finishes necessary for rental properties. An additional computer desk area is off the kitchen to provide space for schoolwork or professional work to be done. With over 10 yeas of rental history on all units, there is less than a 4% vacancy rate over the life of these duplexes with the bulk of the vacancies being the down time in between renters, while it is being cleaned for the next renter. Two full years of rental income and expenses have been captured to provide you with the Net Operating Income of this duplex investment package. Owner is selling this investment package on a 6% Capitalization Rate. DON'T MISS OUT on this amazing opportunity.
Virtual Tour
Property Features
Location Information
County
Bell
Directions
From I14 take Willow Springs Exit, turn on Willow Springs Rd, Right on Watercrest Road, Left on Bachelor Button Blvd, Left on Passion Flower Loop
Subdivision
Sunflower Estates Ph Six
Interior Features
Interior
See Remarks
Floors
Concrete, Painted/Stained
Heating
Central
Disabled Features
None
Cooling
Central Air, 1 Unit
Exterior Features
Stories
1
Lot Size in Acres
0.183
Construction/Exterior
Brick
Water Body
None
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding, Closing
Has View
No
Parking Description
Garage
View
None
Has Garage
Yes
Is One Story
Yes
Garage Spaces
1
Additional Information
Other Utilities
Other, See Remarks
Status
Active
Property Type
COM
Amenities
None
Property SubType
Commercial
Documents Available
Aerial, Floorplan
Property SubType 2
Commercial Sale
Square Feet Source
Appraiser
Year Built
2014
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Mortgage Calculator
$35,026
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$27,026
Monthly Tax
$6,250
Monthly Insurance
$1,750
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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