Small Killeen Portfolio 1 Multifamily Properties Offered at $748,644 CAD in Killeen, TX

Cash on cash in the heart of Killeen, TX. The portfolio consists of a diversified mix of duplexes, standalone single-family homes, and one mobile home, providing stable tenant demand and operational flexibility.
Current in-place performance delivers a NOI exceeding $76,000 annually, translating to a cap rate north of 14%, with immediate yield from day one. Assets are well-positioned in a strong rental corridor supported by nearby employment, military presence, and consistent population growth.
This portfolio is ideal for investors seeking strong cash-on-cash returns, portfolio diversification, or a value-add strategy through rent optimization and operational efficiencies. Additionally, select properties offer the potential for owner-occupancy, adding further flexibility for buyers.
An excellent opportunity to deploy capital into a high-yielding, stabilized rental portfolio with upside in one of Central Texas’ most resilient rental markets.
Exceptional demand drivers unique to the Killeen market, anchored by Fort Cavazos (formerly Fort Hood) — one of the largest military installations in the United States. The base supports a robust employment ecosystem, with a stable tenant base comprised of active-duty personnel, civilian employees, contractors, and military families. The presence of Fort Cavazos produces consistent rental demand, low vacancy, and predictable leasing velocity across all unit types.
In addition to military-related employment, the Killeen-Temple-Fort Cavazos metro area is supported by diversified economic activity including healthcare, education, and regional retail, further strengthening the labor market and demand for quality housing. Proximity to employment hubs and major transportation corridors enhances tenant accessibility and long-term rental market resilience.