12-Unit Multifamily in Killeen, TX
TX · listed Oct 16, 2026 (11 days)
- $/unit
- $104,667
- ▲ 14% vs TX · 58th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 12
Financials
- Asking price
- $1,256,000
- Price per unit
- $104,667
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- 3 Fourplexes — 12 Total Units
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 11 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 2000
About this property
🚨 REAL ESTATE INVESTORS: ZERO-DOWN TAKEOVER OPPORTUNITY IN KILLEEN, TEXAS! 🚨
🏘️ 3 FOUR-PLEXES | 12 TOTAL UNITS | NEAR FORT HOOD
Are you an experienced real estate investor looking for a multifamily opportunity with an existing ownership structure and a potential refinance strategy? This may be an opportunity worth investigating!
📍 PROPERTY LOCATIONS
- (address on request)
- (address on request), Killeen, TX
- (address on request), Killeen, TX
💰 ASKING PRICE: $1,256,000 🔥 Advertised Entry Payment: $0 — Takeover Opportunity
The proposed transaction involves purchasing the existing LLC that owns all three fourplex properties. Rather than a conventional property purchase, the incoming buyer would assume the LLC, its properties, debts, and associated obligations under the agreed transaction terms.
🏡 THE PROPERTY PORTFOLIO
✅ 3 Fourplexes — 12 Total Units
✅ Large Two-Bedroom Units: Approximately 1,500 square feet per unit, according to the provided property information.
✅ Renovations: Most units have reportedly been remodeled, with minimal additional repairs needed.
✅ Current Occupancy: 2 units are currently rented, with the remaining units reported ready to rent.
✅ Strategic Location: Killeen, Texas, near Fort Hood, serving a market with military personnel, families, and local workers.
📊 PROPOSED TAKEOVER FINANCIALS
The provided figures identify the following existing obligations:
- Total stated purchase price / assumed debt: $1,256,000
- Hard money loan balance: $1,100,000
- Private money partner: $120,000
- Back-owed property taxes: $20,000
- Lien from previous party: $16,000
- Advertised entry fee/down payment: $0
The listed obligations total $1,256,000. All balances, liens, taxes, ownership interests, and payoff requirements must be independently verified before proceeding.
🔑 HOW THE PROPOSED DEAL WORKS
1️⃣ Acquire the LLC: Purchase the existing LLC that owns the three properties, subject to the final agreement and required approvals.
2️⃣ Assume the obligations: The buyer would take responsibility for the LLC, its properties, and the debts and obligations included in the transaction.
3️⃣ Manage the portfolio: The incoming owner would be responsible for property management, tenant relations, rent collection, maintenance, and operating expenses.
4️⃣ Prepare to refinance: The proposed strategy is to pursue a Debt Service Coverage Ratio (DSCR) loan within approximately 2–3 months.
5️⃣ Evaluate the projected payment: The advertisement estimates a combined new monthly loan payment of approximately $7,500, based on an estimated 7.5% interest rate after refinancing. Actual terms, eligibility, and payment amounts are subject to lender approval.
📈 WHO SHOULD CONSIDER THIS OPPORTUNITY?
This opportunity may be suitable for:
🏢 Experienced multifamily investors 💼 Real estate entrepreneurs with property management experience 🤝 Investors familiar with LLC acquisitions and debt assumptions 🏦 Buyers with a clear refinancing strategy and access to reserves 🔨 Investors prepared to manage a 12-unit rental portfolio
Important: A zero-dollar advertised entry payment does not necessarily mean zero cash is required to close or operate the properties. Buyers should confirm closing costs, lender requirements, reserves, taxes, insurance, utilities, repairs, existing loan terms, and any required payments to the private lender or other creditors.
The proposed 2–3 month refinance timeline and estimated 7.5% rate are not guaranteed. Verify whether the existing loan can be assumed or must be paid off, whether any due-on-sale or change-of-control provisions apply, and whether the proposed LLC transfer is acceptable to all relevant lenders and lienholders.
📞 SERIOUS INVESTORS ONLY
Interested in learning more about the three-property portfolio, the existing debt structure, and the proposed takeover?
Contact the advertiser for additional details, supporting financial information, and the terms of the proposed transaction.
💬 COMMENT “KILLEEN” OR SEND A DIRECT MESSAGE if you would like to discuss this multifamily investment opportunity.
📌 Save this post and share it with an investor who specializes in multifamily real estate!
#RealEstateInvesting #KilleenTexas #MultifamilyInvesting #Fourplex #FortHood #TexasRealEstate #RealEstateInvestors #CreativeFinancing #LLCAcquisition #CashFlowInvesting #DSCRLoan #InvestmentProperties
Investment opportunity advertised by the seller. All figures, property conditions, occupancy, debt balances, and proposed financing are subject to independent verification. This post is for informational and marketing purposes only and is not a guarantee of financing, profitability, or investment returns.
Location
Somewhere in Killeen. The exact address is shared on request.
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