97 Units
Copperas Cove, TX, USA
TEXT 602-362-4495 with questions!!! Request Investor Summary info@cnhnational.com or Text.
INVESTMENT SUMMARY >>> https://drive.google.com/drive/folders/1SUXilpjYUE7eWiIQmgN4iRzG9JW7Kbvn
This C-Class portfolio is 100% occupied and offers good value-add and rent growth potential. All assets in the portfolio are in good locations and situated adjacent to each other allowing for management efficiencies. With a hands-on management approach, we believe rents can be quickly increased by at least 15% as units turn.
*The portfolio can be purchased in its entirety or as individual/package assets. Refer to the "Copperas/Killeen Portfolio Summary" for availability and pricing. Priority will be given to the sale of the portfolio as a whole.
Portfolio Highlights:
· Mix of small multifamily assets ranging from duplexes to 14-unit apartment buildings
· Family owned and managed for over 30 years
· Stable, long-term tenant history
· Minimal deferred maintenance
Financial Highlights:
· 2020 NOI - $359,000 (per T7)
· 2019 NOI - $260,000
· Proforman NOI - $445,000
· Stabilized Value - $5.7MM (7.5 Market Cap)
· Cap 2020 NOI - 7.8%
· Cap Rate Proforma - 8.5%
Listing Provided by Cash Now Homes
602-362-4495
cnhnational.com
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