MULTIFAMILYRADAR
32-Unit Multifamily in Killeen, TX, photo 11 / 6
Value-add
$1,500,000

32-Unit Multifamily in Killeen, TX

Bell County, TX · listed Jun 30, 2026 (120 days)

Price per unit compared
This property$47K
Within ~40 mi (59)$75K
Texas median (1,029)$100K
$/unit
$46,875
▼ 53% vs TX · 4th pct
Cap rate
7.6%
▲ 0.3 pts vs TX median
NOI
$114K
$3,568/unit/yr
Units
32
6 bldg · 1976

Financials

Asking price
$1,500,000
Price per unit
$46,875
Price per sq ft
Not stated
Gross rent / year
Not stated
Net operating income
$114,182
NOI per unit
$3,568
Cap rate
7.6%
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
32
Unit mix
23 one-bedroom/one-bath units and nine two-bedroom/one-bath units
Buildings
6
Year built
1976
Building size
Not stated
Avg unit size
Not stated
Lot size
1.37 acres
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Jun 30, 2026
Days on market
120 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1693

About this property

Quail Hollow Apartments is a 32-unit multifamily community located in Killeen, Texas, offered as a stabilized value-add investment opportunity. The property consists of six buildings on Jennifer Drive, comprising a mix of 23 one-bedroom/one-bath units and nine two-bedroom/one-bath units. On-site parking is available for residents. Killeen continues to benefit from its proximity to Fort Hood, providing a deep and consistent pool of renter demand. The area’s employment base, affordability profile, and stable population support strong occupancy fundamentals for workforce housing assets.

Multifamily | 32 Units | $46,875/unit

Location

Approximate area. The exact address is shared on request.

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