2203 Jennifer Dr, Killeen, TX

Multi-family for Sale - $1,500,000


Agent Info

Wade Sivess
Coldwell Banker Commercial Apex, Realtors

Property Info

CIMLS#1193338
Location
  2203 Jennifer Dr
  Killeen TX 76542
UpdatedJune 29th, 2026
TypeMulti-family
Price$1,500,000

Property Description

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.

The property is currently 81% occupied with 26 of 32 units leased, generating $19,675 in monthly gross rent ($235,900 annualized). 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.


Financials