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600 & 404 East Craven Avenue 2 biens • Immeuble residentiel • À vendre 3 778 812 $ CAD • Waco, TX
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Résumé de l'annonce
Fully stabilized 38 unit multifamily portfolio consisting of 404 E Craven Avenue (20 units) and 600 E Craven Avenue (18 units) in the rapidly growing Waco, Texas market. Together, these two neighboring assets offer investors 100% occupancy, immediate cash flow, diversified unit mixes, and long term appreciation potential in one of Central
Texas' strongest rental markets.
The portfolio features a total of 38 apartment units (20 two-bedroom units at 404 E Craven and a mix of 18 one bedroom and 3 two bedroom units at 600 E Craven) providing a balanced tenant base while reducing leasing risk. Both properties have undergone significant updates, are well maintained with minimal deferred maintenance, and offer ample on site parking, making them truly turnkey investments.
Strategically located near schools, shopping, restaurants, and major transportation corridors, the portfolio benefits from Waco's continued population growth, expanding employment base, and increasing demand for affordable rental housing. Investors can capitalize on stable in place income today while positioning themselves for future rent
growth and appreciation as the market continues to strengthen.
Texas' strongest rental markets.
The portfolio features a total of 38 apartment units (20 two-bedroom units at 404 E Craven and a mix of 18 one bedroom and 3 two bedroom units at 600 E Craven) providing a balanced tenant base while reducing leasing risk. Both properties have undergone significant updates, are well maintained with minimal deferred maintenance, and offer ample on site parking, making them truly turnkey investments.
Strategically located near schools, shopping, restaurants, and major transportation corridors, the portfolio benefits from Waco's continued population growth, expanding employment base, and increasing demand for affordable rental housing. Investors can capitalize on stable in place income today while positioning themselves for future rent
growth and appreciation as the market continues to strengthen.
Faits sur la propriété
| Prix | 3 778 812 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 128,63 $ CAD / pi² | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 29 378 pi² |
| Statut | Actif | Superficie totale du terrain | 1,32 AC |
| Prix | 3 778 812 $ CAD |
| Prix/pi² | 128,63 $ CAD / pi² |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 29 378 pi² |
| Superficie totale du terrain | 1,32 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Mayflower Apartments
404 E Craven Ave, Waco, TX 76705 |
Immeuble residentiel | 20 000 pi² | 1965 | - |
| 600 E Craven Ave, Waco, TX 76705 | Immeuble residentiel | 9 378 pi² | 2000 | - |
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600 & 404 East Craven Avenue
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