Creole Apartments, a stabilized 49-unit multifamily asset ideally located in the heart of Waco, Texas—one of the fastest-growing cities along the I-35 corridor between Dallas and Austin. This well-maintained property offers a rare blend of location, performance, and potential, making it a standout opportunity for both seasoned and first-time investors.
Strategically positioned just minutes from Baylor University, major employers, and key retail and entertainment centers, Creole Apartments sits near the established neighborhoods of Parkdale Viking Hills and Mountainview. The surrounding area boasts strong demographics, steady rental demand, and proximity to lifestyle amenities that drive long-term tenant retention.
The property enjoys consistent occupancy and reliable cash flow, with immediate upside potential through targeted unit upgrades and strategic rent increases. Investors will benefit from the strong fundamentals of Waco’s multifamily market—characterized by low vacancy rates, rising rents, and economic momentum fueled by the growth of healthcare, education, logistics, and manufacturing sectors.