1307 Austin Ave | Waco, TX 76701
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- LoopNet Team
1307 Austin Ave
Waco, TX 76701
The Madison · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
- Complete restoration in 2019, historical property
- Rent increases with each renewal
- Located conveniently in downtown Waco near the Magnolia Silos
- 10 year partial tax abatement
- Additional revenue opportunities to increase income
PROPERTY FACTS
| No. Units | 40 | Lot Size | 0.85 AC |
| Property Type | Multifamily | Building Size | 39,040 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1924/2019 |
| Building Class | B | ||
| Zoning | CBD - C-4 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.85 AC |
| Building Size | 39,040 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1924/2019 |
| Zoning | CBD - C-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 30 | - | - |
| 2+2 | 10 | - | - |
PROPERTY TAXES
| Parcel Number | 48-016300-005000-0 | Improvements Assessment | $4,459,780 |
| Land Assessment | $222,420 | Total Assessment | $4,682,200 |
PROPERTY TAXES
Parcel Number
48-016300-005000-0
Land Assessment
$222,420
Improvements Assessment
$4,459,780
Total Assessment
$4,682,200
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