4304-4306 Lake Rd

Significant value-add opportunity with potential to increase rents by 10%+ through strategic renovations and operational enhancements, and 20% with light unit renovations.
Desirable unit mix consisting of one bed one bathroom catering to a broad tenant demographic.
Located in Killeen, home to Fort Hood (formerly Fort Cavazos), one of the largest U.S. military installations—providing a stable and consistent tenant base driven by active-duty military personnel.
Killeen benefits from strong in-migration trends supported by its relative housing affordability compared to major Texas metros.
Offered at an attractive cost basis, presenting upside potential for long-term value appreciation.
Market supported by solid local demographics, including a median household income of approximately $60,000.

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