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701 N New Rd 12 Unit Apartment Building For Sale Waco, TX 76710
Investment Highlights
- • Fully renovated in 2021
- • New TPO roof in 2021
- • Property features updated appliances and granite countertops
- • Courtyard and laundry facility on site
- • Updated individual HVAC
Executive Summary
Cromwell Commercial Group is pleased to present The Courtyard Lofts, a well-positioned multifamily property in Waco, Texas. Situated on 0.59+/- acres and totaling 12,896 square feet, this asset was fully renovated in 2021 and offers a blend of modern upgrades and functional amenities. Highlights include a new TPO roof (2021), updated individual HVAC systems, an on-site laundry facility, and a central courtyard that enhances tenant appeal. The Courtyard Lofts represents a turnkey opportunity in a growing Central Texas market.
Property Facts
| Sale Type | Investment | Lot Size | 0.60 AC |
| No. Units | 12 | Building Size | 12,896 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2021 |
| Building Class | C | Parking Ratio | 1.16/1,000 SF |
| Zoning | C1 | ||
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 12,896 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2021 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | C1 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Security System
- Oven
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Number | 48-032301-004800-0 | Improvements Assessment | $1,021,400 |
| Land Assessment | $103,600 | Total Assessment | $1,125,000 |
Property Taxes
Parcel Number
48-032301-004800-0
Land Assessment
$103,600
Improvements Assessment
$1,021,400
Total Assessment
$1,125,000
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701 N New Rd
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