925 N 26th St
Waco, TX 76707
Downtown Waco
HIGHLIGHTS
- In-place rents below market provide immediate value-add potential through lease renewals and rent repositioning.
- Additional NOI upside through cosmetic interior upgrades that enhance competitiveness and support higher rental rates.
- Baylor University contributes to consistent demand for rental housing due to its stable enrollment figures.
- An expanding healthcare corridor enhances local employment opportunities, reinforcing economic growth.
- The city’s tourism industry has witnessed significant growth over the past decade, further increasing rental demand across various property vintages.
- The city benefits from population spillover as residents seek more affordable living options compared to the larger, pricier metros.
FOR SALE DETAILS
PRICE
$1,000,000 USD
PRICE/SF
$74 USD /SF
# OF UNITS
20
PRICE/UNIT
$50,000
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Jefferson Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1981
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.58 AC
LAND SF
25,144 SF
ZONING
C1
APN/PARCEL ID
48-043800-008801-5
ASK ABOUT THIS PROPERTY
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512-535-1015
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512-535-1015
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