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512 Daughtrey Ave Waco, TX 76706

18-unit apartment building, Baylor proximity.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 18-unit apartment building, constructed in 2001, presents a compelling investment opportunity. Situated in Waco, Texas, within the highly desirable "Baylor Bubble" area, this three-story property boasts 100% occupancy. Each of the 18 units offers substantial living space, averaging a generous 1,123 square feet. The superior construction quality and premium interior finishes are notable features, setting this property apart in the market. Its prime location, just two minutes from Baylor University and a ten-minute drive from downtown Waco, ensures a strong and diverse tenant base, appealing to students, professionals, and families alike. The property's current success and its potential for future condo conversion add to its significant investment appeal. The large unit sizes and high-quality construction contribute to strong rental income and potential for appreciation. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a thriving Texas market. The property's location within the Baylor University corridor provides exceptional stability and future growth potential.

Highlights

  • Upscale in-unit amenities and finishes.
  • High-quality construction.
  • Prime location within Waco, TX's Baylor University area.

Property Details for 512 Daughtrey Ave

Property type
Apartment buildings
Year Built
2001
Stories
3
Units
18

Location Insight

City
Waco
County
McLennan
State
Texas
Latitude
31.5410439
Longitude
-97.1154029

FAQs

What type of property is this?
Apartment building - 18-unit apartment building, Baylor proximity.
Where is the apartment building located?
The property is located at 512 Daughtrey Ave Waco, TX.
What are key features of this property?
This property features: Upscale in-unit amenities and finishes.; High-quality construction.; Prime location within Waco, TX's Baylor University area.
How can I contact the broker?
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512 Daughtrey Ave
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