5111 Interstate 35 N | Waco, TX 76705
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This Multifamily Property is no longer advertised on LoopNet.com.
5111 Interstate 35 N
Waco, TX 76705
Northwind Apartments · Multifamily Property For Sale
·
71 Units

INVESTMENT HIGHLIGHTS
- Frontage on Interstate-35
- $2.4M+ Value-Add Upside Potential – With Premium Upgrades, Installing Mini-Storage Units, Carports, and Several Other Opportunities
- Rents in Waco Have Increased by 10.6% YoY in the Past 12 Months – Yardi
- Individually Metered for Electricity, Individual Central Heat and Air
- Exceptional Location – Proximate to Restaurants, Shopping, and Entertainment
- 97% Occupied – Opportunity To Acquire a Nearly Fully Leased Asset
PROPERTY FACTS
| No. Units | 71 | Lot Size | 1.95 AC |
| Property Type | Multifamily | Building Size | 32,705 SF |
| Property Subtype | Apartment | Average Occupancy | 86% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built | 1978 |
| Zoning | MF | ||
| No. Units | 71 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.95 AC |
| Building Size | 32,705 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1978 |
| Zoning | MF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Pet Play Area
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 70 | - | 460 |
| 2+1 | 1 | - | 505 |
PROPERTY TAXES
| Parcel Number | 20-020100-000700-6 | Improvements Assessment | $2,606,320 |
| Land Assessment | $297,150 | Total Assessment | $2,903,470 |
PROPERTY TAXES
Parcel Number
20-020100-000700-6
Land Assessment
$297,150
Improvements Assessment
$2,606,320
Total Assessment
$2,903,470
Listing ID: 26872578
Date on Market: 10/17/2022
Last Updated:
Address: 5111 Interstate 35 N, Waco, TX 76705
The Multifamily Property at 5111 Interstate 35 N, Waco, TX 76705 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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