Description
Turnkey multifamily investment opportunity in the heart of Killeen! This income-producing property at 702 Trimmier Rd features 5 total units—including 5 one-bedroom units and 2 two-bedroom units—offering strong and consistent rental demand.
With approximately 4,406 square feet of living space situated on a 0.56-acre lot, this property delivers scale, flexibility, and long-term upside. Currently generating ~$4150/month in rental income, it presents an immediate cash-flow opportunity with additional potential for value-add improvements.
There is excellent potential to repurpose space into a dedicated coin-operated laundry facility, adding a highly desirable amenity for tenants while creating an additional income stream. The layout also supports the possibility of incorporating vending machines, further increasing on-site revenue with minimal overhead.
Constructed in 1968 with masonry construction, a durable metal roof, and central HVAC, the property offers solid fundamentals for investors seeking stability and lower maintenance concerns.
Centrally located with quick access to shopping, dining, and major employers—including Fort Cavazos—this asset benefits from strong tenant demand driven by military and local workforce housing needs.
Whether you’re expanding your portfolio or entering the multifamily space, this property is a rare chance to acquire a cash-flowing asset in a high-demand rental market.
- Principal and Interest
- Property Tax
- HOA fee
