469-619-4246
1226 Bagby Ave, Waco, TX for Sale
Apartments - FOR SALE
1/24
null | Request Cap Rate

1226 Bagby Ave
Waco, TX 76706
Downtown Waco


HIGHLIGHTS

  • Optimal Location Near Baylor University
  • Strong Demand for Student Housing in a Supply Constrained Market
  • Room to Grow Rents
  • Opportunity to Implement a $100/Unit/Month CAM Charge
  • 4 Out of 6 Units are Pre-Leased for the 2025/2026 School Year

OVERVIEW

Constructed in 2009, Crescent is made up of 3 duplex buildings, totaling 6 units. Located in close proximity to Baylor’s campus, Crescent provides a desirable housing option for students. The units feature spacious layouts, with value-add potential through utility optimization. Currently stabilized with consistent cash flow, Crescent has minimal vacancy risk given the tenant profile and market dynamics.

FOR SALE DETAILS

PRICE

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# OF UNITS

6

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Crescent Duplexes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

-

APN/PARCEL ID

319648

ASK ABOUT THIS PROPERTY

Rowan BurchRowan Multifamily AdvisorsMore Info
469-619-4246

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Rowan BurchRowan Multifamily AdvisorsMore Info
469-619-4246

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