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1403 N 2nd St
Killeen, TX 76541
Liberty Landing Apartments · Multifamily Property For Sale · 52 Units
Investment Highlights
- New Roofs - Replaced in 2018
- Majority Two-Bedroom Units
- Multiple HVAC Replacements Since Ownership Took Over
- Sector of Killeen has YoY Rental Rate Change of 5.9% and 4.9% for One Bedroom and Two Bedroom respectively (Yardi)
PROPERTY FACTS
| No. Units | 52 | Lot Size | 1.17 AC |
| Property Type | Multifamily | Building Size | 51,009 SF |
| Property Subtype | Apartment | Average Occupancy | 88% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1983 |
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 51,009 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1983 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Window Coverings
Site Amenities
- Laundry Facilities
- Gated
About 1403 N 2nd St , Killeen, TX 76541
The Multifamily Group is pleased to announce the exclusive offering of Liberty Landing Apartments in Killeen, TX. Liberty Landing was built in 1983 and offers spacious 1 & 2 bedroom apartments. Liberty Landing offers a variety of amenities such as controlled access, laundry facility, dog park, and secure indoor package delivery service. Liberty Landing boasts ceramic tile flooring throughout the units. The roofs were replaced in 2018 as well as 10 of the HVAC systems. Only two units have had the full premium upgrade package which includes, stainless steel appliances, LED light fixtures and tile backsplash. Upgraded units are garnering $130/ month spread over the classic units market rents. Current ownership has begun implementing RUBS on new leases but there is still 31 units remaining, once fully implement RUBS will capture 75% of the current water bill. Killeen is home to Fort Hood military installation, which is located 60 miles North of Austin and 50 miles South of Waco. With easy access to Interstate 35 & I-14, Killeen residents take advantage of easy access to all Central Texas. Killeen is also home to Texas A&M University-Central Texas and Central Texas College, and has an abundance of local dining and nightlife. U.S. News & World Report's ranked Killeen in the top 100 "Best Places to Live" in the United States and was ranked #5 on the “Best Places to Live in Texas”.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 21 | - | 570 |
| 2+1 | 31 | - | 777 |
PROPERTY TAXES
| Parcel Number | 71882 | Improvements Assessment | $2,792,959 |
| Land Assessment | $153,026 | Total Assessment | $2,945,985 |
PROPERTY TAXES
zoning
| Zoning Code | MF-33 |
| MF-33 |
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