7301 Sanger AveWaco, TX 76712

Property Details for 7301 Sanger Ave

Year built

1973

Lot size

3.36 AC

Property size (Sq ft)

55,656 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 72-unit apartment community presents a compelling value-add investment opportunity in the thriving Waco, Texas market. Located at 7301 Sanger Ave, Waco, TX 76712, this Class C, garden-style property boasts 55,656 square feet situated on a generous 3.36-acre lot. Built in 1973, the property comprises two-story brick buildings with flat roofs, offering a mix of spacious one- and two-bedroom floor plans. Residents enjoy a range of amenities including a fitness center, clubhouse, tennis court, sauna, swimming pool, and controlled gated access. Many units feature fully equipped kitchens with pantries, wood-grain vinyl plank flooring, walk-in closets, and washer/dryer connections. Private patios or balconies enhance the living experience. The property benefits from its location in a low-density residential neighborhood with convenient access to local amenities. Significant job growth fueled by major employers like SpaceX, Amazon, Mars Candy, and Caterpillar Inc., positions this asset for strong future performance. The strategic location within the Texas Triangle, between Austin and Dallas, further enhances its appeal. This well-maintained community offers multiple value-add opportunities for an investor seeking to capitalize on the robust Waco market and its expanding population. The property's attractive pricing provides significant upside potential through targeted renovations and operational improvements.

Location Insight

City

Waco

County

McLennan

State

Texas

Latitude

31.5171

Longitude

-97.2065

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