Madeira Apartments | 7301 Sanger Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Madeira Apartments 7301 Sanger Ave
72 Unit Apartment Building For Sale Waco, TX 76712
Investment Highlights
- Well-maintained and attractive 72-unit garden-style community positioned for value-add improvements
- Strategically located in the Texas Triangle between Austin and Dallas, poised to capitalize on expanding employment and population
- Attractive pricing offers significant upside potential through targeted renovations
- Major employers like SpaceX, Amazon, Mars Candy, and Caterpillar Inc. driving significant job growth and economic expansion in Waco
- Comprehensive community amenities include fitness center, clubhouse, tennis court, sauna, and swimming pool
Executive Summary
Madeira Apartments is a renovated 72-unit multifamily community located in Waco, TX, in McLennan County. Built in 1973 and situated on a total area of 3.36 acres, the garden-style property is comprised of 5 two-story brick apartment buildings with flat roofs. Madeira offers spacious and contemporary one- and two-bedroom floor plans. Amenities may vary by unit and include fully equipped kitchens with pantries, wood-grain vinyl plank flooring, walk-in closets, washer and dryer connections in select units, and private patios / balconies. Common area amenities include controlled gated access, a fitness center, a clubhouse, a swimming pool, and laundry facilities. The grounds are professionally maintained and contain open green spaces with a variety of mature shade trees and blooming vegetation. The property is situated in a low-density residential neighborhood with quick access to conveniences.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Lot Size | 3.36 AC |
| No. Units | 72 | Building Size | 70,000 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1973/2009 |
| Building Class | B | Parking Ratio | 1.55/1,000 SF |
| Sale Type | Investment |
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.36 AC |
| Building Size | 70,000 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2009 |
| Parking Ratio | 1.55/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Satellite TV
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
Site Amenities
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Sauna
- Tennis Court
- Laundry Service
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 44 | - | 528 - 744 |
| 2+1 | 12 | - | 886 |
| 2+2 | 16 | - | 956 - 1,072 |
1 of 1
PROPERTY TAXES
| Parcel Number | 48-018901-003900-6 | Improvements Assessment | $6,659,967 CAD |
| Land Assessment | $717,413 CAD | Total Assessment | $7,377,380 CAD |
PROPERTY TAXES
Parcel Number
48-018901-003900-6
Land Assessment
$717,413 CAD
Improvements Assessment
$6,659,967 CAD
Total Assessment
$7,377,380 CAD
zoning
| Zoning Code | R-3C |
| R-3C |
-
Angel Flores -
Global Real Estate Advisors
1 of 33
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Madeira Apartments | 7301 Sanger Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.