Whispering Hills Apartments

Capstone is pleased to present Whispering Hills: a 34-unit low-rise apartment community located in Killeen, TX. Current ownership has completed nearly $330k of capital improvements, including major items like appliances, flooring, paint, and HVAC. Additionally, the 1970 masonry-brick asset boasts larger floor plans than its competitors in the submarket. The property is located less than 1 mile from Fort Cavazos (F.K.A. Fort Hood), the world’s largest United States active-duty military base with over 65,000 soldiers and family members actively employed by the base. Whispering Hills represents a fantastic opportunity to acquire a recently improved asset with a multitude of remaining value creation opportunities, proximate to the region’s largest employers.

Investment Highlights:

Recent Capital Investment

Sufficient Upside Remaining for Next Owner

Proximate to Region’s Demand Drivers