Significant value-add opportunity with potential to increase rents by 10%+ through strategic renovations and operational enhancements, and 20% with light unit renovations.
Desirable unit mix consisting of 58 one-bedroom, 30 two-bedroom, and 5 three-bedroom units, catering to a broad tenant demographic.
Located in Killeen, home to Fort Hood (formerly Fort Cavazos), one of the largest U.S. military installations—providing a stable and consistent tenant base driven by active-duty military personnel.
Killeen benefits from strong in-migration trends supported by its relative housing affordability compared to major Texas metros.
Offered at an attractive cost basis, presenting upside potential for long term value appreciation.
Market supported by solid local demographics, including a median household income of approximately $60,000.