972-232-2325
7301 Sanger Ave, Waco, TX for Sale
Apartments - FOR SALE
1/32
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7301 Sanger Ave
Waco, TX 76712


HIGHLIGHTS

  • Well-maintained and attractive 72-unit garden-style community positioned for value-add improvements
  • Major employers like SpaceX, Amazon, Mars Candy, and Caterpillar Inc. driving significant job growth and economic expansion in Waco
  • Strategically located in the Texas Triangle between Austin and Dallas, poised to capitalize on expanding employment and population
  • Comprehensive community amenities include fitness center, clubhouse, tennis court, sauna, and swimming pool
  • Attractive pricing offers significant upside potential through targeted renovations

OVERVIEW

Madeira Apartments is a renovated 72-unit multifamily community located in Waco, TX, in McLennan County. Built in 1973 and situated on a total area of 3.36 acres, the garden-style property is comprised of 5 two-story brick apartment buildings with flat roofs. Madeira offers spacious and contemporary one- and two-bedroom floor plans. Amenities may vary by unit and include fully equipped kitchens with pantries, wood-grain vinyl plank flooring, walk-in closets, washer and dryer connections in select units, and private patios / balconies. Common area amenities include controlled gated access, a fitness center, a clubhouse, a swimming pool, and laundry facilities. The grounds are professionally maintained and contain open green spaces with a variety of mature shade trees and blooming vegetation. The property is situated in a low-density residential neighborhood with quick access to conveniences.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

72

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Madeira Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

109

LAND DETAILS

LAND ACRES

3.36 AC

LAND SF

146,492 SF

ZONING

R-3C

APN/PARCEL ID

48-018901-003900-6

ASK ABOUT THIS PROPERTY

Angel FloresGlobal Real Estate AdvisorsMore Info
972-232-2325

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Angel FloresGlobal Real Estate AdvisorsMore Info
972-232-2325

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