MULTIFAMILYRADAR
No photos yet
Value-add
$1,350,000

21-Unit Multifamily in Copperas Cove, TX

TX · listed Sep 4, 2026 (53 days)

Price per unit compared
This property$64K
Within ~40 mi (48)$63K
Texas median (1,029)$100K
$/unit
$64,286
▼ 36% vs TX · 17th pct
Cap rate
6.9%
▼ 0.4 pts vs TX median
Gross yield
—
 
Units
21
 

Financials

Asking price
$1,350,000
Price per unit
$64,286
Price per sq ft
Not stated
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
6.9%
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
21
Unit mix
Not stated
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
Sep 4, 2026
Days on market
53 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
City only
Listing #
1143

About this property

**OFF-MARKET MULTIFAMILY | CENTRAL TX | 21 UNITS | $1.35M**

Just picked up a **21-unit multifamily opportunity in the Copperas Cove area**.

  • **$1.35M Purchase Price**
  • **~$64K/Door**
  • **18/21 Units Occupied**
  • **~6.9% Going-In Cap**
  • **14 Units Already Fully Renovated**
  • **3 Vacancies + Additional Value-Add Upside**
  • Significant CapEx already completed by current ownership
  • Existing cash flow with room to increase NOI

Serious buyers, **DM me or call/text ** for the rent roll, T-12, photos, and full property details.

**L#848124 / B#9003665**

Location

Somewhere in Copperas Cove. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
Copperas Cove, TX		$1.35M$64K—
Copperas Cove, TX
Owner financingValue-add
$650K$34K—
16-Unit Multifamily in Killeen, TXKilleen, TX
New
$995K$62K—
Killeen, TX		$655K$41K—
32-Unit Multifamily in Killeen, TXKilleen, TX
Value-add
$1.5M$47K7.6%
Killeen, TX
Owner financingValue-add
$691K$58K—