3300-3310 E Rancier Ave
Killeen, TX 76543

The Multifamily Group is pleased to present the exclusive offering of Century Plaza, a 256-unit community located in Killeen, Texas. Constructed in 1966, the property consists of thirty 2-story buildings situated on 8.28 acres of land with brick and wood exteriors. Century Plaza offers an attractive unit mix with very nice B-Class amenities; Floor plans range from 625 SF to 900 SF with 47% of the property consisting of 2 bedroom units. Century Plaza boasts large one and two bedroom floor plans that come equipped with walk-in closets, hardwood floors, and frost-free refrigerators. Ownership has renovated 171 units with wood-look vinyl plank flooring, resurfaced countertops, new plumbing fixtures, fresh two-toned paint, ceiling fans, back splashes, and new appliances as needed. Residents enjoy an abundance of on-site amenities, including two resort-style swimming pools, a picnic area with community grills, state of the art community game room/lounge area, workout room featuring free weights and cardio machines, basketball court, playground, dog park, and four laundry facilities. New ownership has the opportunity to implement a bulk cable and internet contract for the property and charge monthly cable RUBS. Comparable properties in the area have been able to implement the contract for a monthly rate of $25/unit per month and pass on a monthly cable charge of $75/unit per month to the tenants, allowing residents to enjoy hassle-free cable service while adding value to residents. Century Plaza has strong visibility on East Rancier Ave (14,777 VPD) which provides excellent access to Fort Hood (3 miles), the largest employer in the area. Century Plaza also provides convenient access to Interstate 14, a major traffic artery which runs through Killeen and connects with Interstate 35. Active duty military represents less than 40% of the resident population, allowing for strong agency financing of Century Plaza.