4509 PASSION FLOWER LOOP, KILLEEN, TX 76549

Homes for sale in Killeen.

Homes for sale in 76549.


Active

List Price$7,500,000

4509 Passion Flower Loop

Killeen, TX 76549

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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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