416 Owen Ln | Waco, TX 76710
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
416 Owen Ln
Waco, TX 76710
Fleetwood Square · Multifamily Property For Sale
·
120 Units
INVESTMENT HIGHLIGHTS
- Ready for Rebranding With Additional $6.5+ Million In Value-Add Upside
- 65% Two and Three-Bedroom Units – Up to 1,179 SF
- Double-Digit Cash-on-Cash by the End of Year 2
- $250 Rent Bumps on Renovated Units
- A+ Rated Midway School District
- Offered Free and Clear or Option To Assume Fannie Mae Debt With a 4.76% Interest Rate
PROPERTY FACTS
| No. Units | 120 | Lot Size | 5.82 AC |
| Property Type | Multifamily | Building Size | 106,126 SF |
| Property Subtype | Apartment | Average Occupancy | 86% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1972 |
| Zoning | O2 | ||
| No. Units | 120 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.82 AC |
| Building Size | 106,126 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1972 |
| Zoning | O2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Walk-In Closets
SITE AMENITIES
- Clubhouse
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 42 | - | 700 |
| 2+1 | 40 | - | 907 |
| 2+2 | 22 | - | 981 |
| 3+2 | 16 | - | 1,179 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $12,646,710 | |
| Land Assessment | $2,286,060 | Total Assessment | $14,932,770 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,286,060
Improvements Assessment
$12,646,710
Total Assessment
$14,932,770
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
