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Investment Highlights

  • Nine duplex buildings totaling 18 units located in Hewitt, Texas within the Waco MSA.
  • Clustered layout enables operational efficiency for leasing, maintenance, and management.
  • Offered as part of a broader multifamily portfolio with optional scale through additional acquisitions.
  • Positioned in the established Southern Hills subdivision with stable surrounding residential development.
  • Consistent demand for workforce housing supported by population growth and economic expansion in Central Texas.
  • Income-producing asset with flexibility for investors to align acquisition size and strategy.

Executive Summary

The Gruver Portfolio consists of nine duplex buildings totaling 18 units, located in Hewitt, Texas within the Waco Metropolitan Statistical Area. The portfolio offers a straightforward operational profile, neighborhood-style residential setting, and immediate multifamily scale within a growing Central Texas market. Positioned within the established Southern Hills subdivision, the properties benefit from stable surrounding residential development and consistent demand for workforce housing in the Waco region. The portfolio’s clustered layout supports operational efficiency for leasing, maintenance, and management within a single submarket. The Gruver Portfolio is one of three distinct multifamily portfolios being offered within the Waco MSA, providing investors the flexibility to acquire this portfolio individually or pursue additional scale through the acquisition of other portfolio components within the broader offering. This structure allows buyers to align acquisition size, asset type, and investment strategy—ranging from a single, manageable duplex portfolio to a larger, multi-asset platform within one regional market. The Gruver Portfolio presents an opportunity to acquire a well-located, income-producing asset supported by long-term workforce housing demand, population growth, and expanding economic drivers across Central Texas.

Attachments

Marketing Flyer

Property Facts

Sale Type Investment
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 4.02 AC
Building Size 19,930 SF
No. Stories 1
Year Built 1982
Zoning B2 - Residential Duplex Multifamily
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 39854856

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 100 Gruver Dr, Hewitt, TX 76643

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