| Waco, TX
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- LoopNet Team
Portfolio For Sale
Waco, TX
Multifamily Property For Sale · 20 Units
INVESTMENT HIGHLIGHTS
- Ongoing improvements to Waco’s infrastructure, influenced by university initiatives, enhance accessibility and attractiveness
- The presence of Baylor’s large student population creates consistent rental demand for multifamily properties, particularly those that offer amenities
- STRONG OCCUPANCY: High occupancy allows agency financing availability – Day 1 positive leverage.
- As Waco continues to grow and develop, property values in nearby Lacey Lakeview are likely to appreciate, offering long-term investment benefits.
- VALUE ADD: Ability to push rents 10% to be in-line with market rents of the area.
- EXTENSIVE RENOVATIONS: 330k worth of rehabilitation in total – (every unit, siding, parking lot, roof, etc.).
PROPERTY FACTS
| No. Units | 20 | No. Stories | 1 |
| Property Type | Multifamily | Zoning Description | R |
| Apartment Style | Low Rise | APN / Parcel ID | 20-030600-025100-0 |
| No. Units | 20 |
| Property Type | Multifamily |
| Apartment Style | Low Rise |
| No. Stories | 1 |
| Zoning Description | R |
| APN / Parcel ID | 20-030600-025100-0 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
1 of 1
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