503 N 16th St

Fully leased investment property with excellent value-add opportunity in a high-demand Killeen rental corridor. Property includes two separate residences on one lot (both 2 bed/1 bath) offering diversified income and long-term upside. Ideal for investors seeking stable cash flow with potential to improve rents over time. Centrally located near Fort Cavazos with convenient access to shopping, schools, and major thoroughfares. At this price point, it's hard to find similar cap rates in other markets offering investors ease of entry with strong numbers. Portfolio sale opportunity. Information deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including, but not limited to, square footage, lot size, taxes, schools, zoning, utilities, permits, restrictions, and condition.