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Investment Highlights

  • all units have been rennovated, military town and affordable living

Executive Summary

Take a look at this incredible investment opportunity! This turnkey multi-family property features 14 units, each offering 1 bedroom and 1 bathroom. Every unit is currently leased at $650 per month, providing immediate rental income from day one.
Built with durable brick construction and topped with a low-maintenance metal roof, this single-story property is designed for long-term durability and reduced upkeep.
Located in a strong military community, this property benefits from consistent rental demand, with affordable rents that appeal to a large pool of tenants. Whether you're looking to expand your portfolio or purchase your first income-producing property, this is an excellent opportunity to own a fully occupied, cash-flowing investment.
Don't miss your chance to add this income-producing asset to your portfolio—schedule your showing today!

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $53,964 $8.44
Other Income - -
Vacancy Loss - -
Effective Gross Income $53,964 $8.44
Taxes $10,894 $1.70
Operating Expenses $13,491 $2.11
Total Expenses $24,385 $3.81
Net Operating Income $29,579 $4.63

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $53,964
Annual Per SF $8.44
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $53,964
Annual Per SF $8.44
Taxes (CAD)
Annual $10,894
Annual Per SF $1.70
Operating Expenses (CAD)
Annual $13,491
Annual Per SF $2.11
Total Expenses (CAD)
Annual $24,385
Annual Per SF $3.81
Net Operating Income (CAD)
Annual $29,579
Annual Per SF $4.63

Property Facts

Price $765,889 CAD
Price Per Unit $54,706 CAD
Sale Type Investment
Cap Rate 5.94%
Sale Condition REO Sale
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.55 AC
Building Size 6,394 SF
No. Stories 1
Year Built 1962
Zoning R-3

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 14 $913.45 CAD -
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
77906
Land Assessment
$79,341 CAD
Improvements Assessment
$251,834 CAD
Total Assessment
$331,175 CAD
Annual Taxes
$10,894 CAD ($1.70 CAD/SF)
Tax Year
2025
  • Listing ID: 41109374

  • Date on Market: 2026-06-30

  • Last Updated:

  • Address: 311 E Bryce Dr, Killeen, TX 76541

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