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1305 N 4th St 10 Unit Apartment Building $1,319,100 CAD ($131,910 CAD/Unit) 10.34% Cap Rate Killeen, TX 76541

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INVESTMENT HIGHLIGHTS

  • Income-producing asset with 10 renovated units featuring new flooring and fresh paint, appealing to tenants and investors alike.
  • Growing Market
  • Situated in a growing Central Texas market near Fort Cavazos (formerly Fort Hood), ensuring consistent rental demand and economic stability.
  • Owner Financing Available

EXECUTIVE SUMMARY

We are pleased to present this great investment opportunity for sale in the growing Killeen market! The
property is located on the corner of 4 St and E. Dean Ave in Killeen Texas. This gem is consists of 10 units that
have been recently renovated with new flooring and paint. There is also an additional duplex on the
property that is currently being renovated with new plumbing, electrical work, flooring and sheerock. This
property is currently being sold at a 9.8% cap. That is a great starting cap rate for new and seasoned
investors. ****OWNER FINANCING AVAILABLE****

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $181,811 $37.88
Other Income - -
Vacancy Loss - -
Effective Gross Income $181,811 $37.88
Taxes $14,147 $2.95
Operating Expenses $31,279 $6.52
Total Expenses $45,426 $9.46
Net Operating Income $136,384 $28.41

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $181,811
Annual Per SF $37.88
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $181,811
Annual Per SF $37.88
Taxes (CAD)
Annual $14,147
Annual Per SF $2.95
Operating Expenses (CAD)
Annual $31,279
Annual Per SF $6.52
Total Expenses (CAD)
Annual $45,426
Annual Per SF $9.46
Net Operating Income (CAD)
Annual $136,384
Annual Per SF $28.41

PROPERTY FACTS

Price $1,319,100 CAD
Price Per Unit $131,910 CAD
Sale Type Investment
Cap Rate 10.34%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.44 AC
Building Size 4,800 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1971/2023
Parking Ratio 0.8/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 10 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
147545
Land Assessment
$77,839 CAD (2025)
Improvements Assessment
$627,514 CAD (2025)
Total Assessment
$705,353 CAD (2025)
Annual Taxes
$14,147 CAD ($2.95 CAD/SF)
Tax Year
2024
  • Listing ID: 38771532

  • Date on Market: 2025-12-14

  • Last Updated:

  • Address: 1305 N 4th St, Killeen, TX 76541

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