306 N Gilmer Street

306 North Gilmer Street, Killeen, TX 76541

  • For Sale $2,550,000
  • Property Type Multi-Family
  • Lot Size 0.96 Acre
  • # of Floors 2
  • Property Tenancy Multi-Tenant
  • Year Built 1970
  • Date Updated Jul 9, 2025

The Gilmer Street Apartments are a 33-unit community consisting of 14 three-bedroom units, 16 two-bedroom units, 3 one-bedroom units, and a newly installed laundry room. There is an opportunity to increase the existing cash flow through both upgrading units to achieve rental premiums and implementing RUBS to offset the property's water utility expenses. Additional positive attributes include consistently high occupancy, metal roofs, PVC plumbing, and recently updated catwalks and staircases.

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Attachments

Contacts

broker
Ryan Franckhauser

KW Commercial | Lubbock, TX

broker
Greg Brownd

KW Commercial | Lubbock, TX

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Killeen, TX
  • Neighborhood Killeen
  • Zip Code 76541
  • Market Central East Texas

Points of Interest

  • Valero

    0.44 miles

  • Exxon

    0.65 miles

  • 7-Eleven

    0.66 miles

  • Texaco

    0.95 miles

  • E-Z Way

    1.24 miles

  • Shell

    1.25 miles

  • CEFCO

    1.62 miles

  • Chevron

    2.06 miles

  • Tesla Supercharger

    5.66 miles

  • Parking Lot C

    4.15 miles

  • Killeen-Fort Hood Regional Airport Parking

    6.43 miles

  • Short Term Parking (Killeen-Fort Hood Regional Airport)

    6.49 miles

  • Rental Lot

    6.50 miles

  • La Quinta Inn Killeen - Fort Hood

    1.08 miles

  • Holiday Terrace

    1.44 miles

  • High Fye Inn

    1.59 miles

  • Fairfield Inn

    1.69 miles

  • Candlewood Suites

    1.70 miles

  • WoodSpring Suites Killeen

    1.72 miles

  • Holiday Inn

    1.74 miles

  • Residence Inn

    1.77 miles

  • TownePlace Suites Killeen

    1.78 miles

  • Motel 6

    1.99 miles

  • Taco Bell

    0.27 miles

  • Mission Taco

    0.35 miles

  • Subway

    0.36 miles

  • Picante

    0.38 miles

  • 7 Gold Teeth Grillists

    0.40 miles

  • Arby's

    0.41 miles

  • Jack in the Box

    0.46 miles

  • McDonald's

    0.60 miles

  • Domino's

    0.78 miles

  • Burger King

    0.85 miles

  • Transformative Charter Academy

    0.64 miles

  • West Ward Elementary School

    0.69 miles

  • Middle School Level Learning Center

    0.74 miles

  • Fairway Middle School

    0.81 miles

  • Vista College

    0.98 miles

  • Meadows Elementary School

    1.10 miles

  • Killeen Elementary School

    1.34 miles

  • Fowler Elementary School

    1.38 miles

  • Pershing Park Elementary School

    1.39 miles

  • Nolan Middle School

    1.49 miles

  • Meadows CDC

    1.43 miles

  • Fort Hood CDC

    1.89 miles

  • Darnall Child Development Center

    2.07 miles

Frequently Asked Questions

How much does 306 N Gilmer Street cost?

The space currently listed for sale at 306 N Gilmer Street asks for $2,550,000.

When was this property built?

306 N Gilmer Street was built in 1970.

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