2105 Robert E Lee Dr, Killeen, TX 76543

Description

Investor Opportunity – Fully Leased Fourplex

Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand.

Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place.

Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable.

This is a...