214-801-7787
100 Gruver Dr, Hewitt, TX for Sale
Apartments - FOR SALE
1/31
null | Request Cap Rate

100 Gruver Dr
Hewitt, TX 76643


HIGHLIGHTS

  • Nine duplex buildings totaling 18 units located in Hewitt, Texas within the Waco MSA.
  • Positioned in the established Southern Hills subdivision with stable surrounding residential development.
  • Clustered layout enables operational efficiency for leasing, maintenance, and management.
  • Consistent demand for workforce housing supported by population growth and economic expansion in Central Texas.
  • Offered as part of a broader multifamily portfolio with optional scale through additional acquisitions.
  • Income-producing asset with flexibility for investors to align acquisition size and strategy.

OVERVIEW

The Gruver Portfolio consists of nine duplex buildings totaling 18 units, located in Hewitt, Texas within the Waco Metropolitan Statistical Area. The portfolio offers a straightforward operational profile, neighborhood-style residential setting, and immediate multifamily scale within a growing Central Texas market. Positioned within the established Southern Hills subdivision, the properties benefit from stable surrounding residential development and consistent demand for workforce housing in the Waco region. The portfolio’s clustered layout supports operational efficiency for leasing, maintenance, and management within a single submarket. The Gruver Portfolio is one of three distinct multifamily portfolios being offered within the Waco MSA, providing investors the flexibility to acquire this portfolio individually or pursue additional scale through the acquisition of other portfolio components within the broader offering. This structure allows buyers to align acquisition size, asset type, and investment strategy—ranging from a single, manageable duplex portfolio to a larger, multi-asset platform within one regional market. The Gruver Portfolio presents an opportunity to acquire a well-located, income-producing asset supported by long-term workforce housing demand, population growth, and expanding economic drivers across Central Texas.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

18

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.02 AC

LAND SF

175,111 SF

ZONING

B2

APN/PARCEL ID

36-335000-001300-1,36-335000-001400-8,36-335000-001500-4,36-335000-001600-0,36-335000-001700-7,36-335000-001800-3,36-335000-001900-0,36-335000-002000-7,36-335000-002100-3,36-335000-002200-0

ASK ABOUT THIS PROPERTY

Kevin Weable, CCIMM&D Commercial GroupMore Info
214-801-7787

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Kevin Weable, CCIMM&D Commercial GroupMore Info
214-801-7787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.