7301 Sanger Ave | Waco, TX 76712
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- LoopNet Team
7301 Sanger Ave
Waco, TX 76712
Madeira Apartments · Multifamily Property For Sale
·
72 Units
INVESTMENT HIGHLIGHTS
- Well-maintained and attractive 72-unit garden-style community positioned for value-add improvements
- Strategically located in the Texas Triangle between Austin and Dallas, poised to capitalize on expanding employment and population
- Attractive pricing offers significant upside potential through targeted renovations
- Major employers like SpaceX, Amazon, Mars Candy, and Caterpillar Inc. driving significant job growth and economic expansion in Waco
- Comprehensive community amenities include fitness center, clubhouse, tennis court, sauna, and swimming pool
PROPERTY FACTS
| No. Units | 72 | Building Size | 70,000 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1973/2009 |
| Building Class | B | Parking Ratio | 1.55/1,000 SF |
| Lot Size | 3.36 AC | ||
| Zoning | R-3C - Mutli-family | ||
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.36 AC |
| Building Size | 70,000 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2009 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | R-3C - Mutli-family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Satellite TV
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Sauna
- Tennis Court
- Laundry Service
- Maintenance on site
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 44 | - | 528 - 744 |
| 2+1 | 12 | - | 886 |
| 2+2 | 16 | - | 956 - 1,072 |
PROPERTY TAXES
| Parcel Number | 48-018901-003900-6 | Improvements Assessment | $3,887,280 |
| Land Assessment | $512,720 | Total Assessment | $4,400,000 |
PROPERTY TAXES
Parcel Number
48-018901-003900-6
Land Assessment
$512,720
Improvements Assessment
$3,887,280
Total Assessment
$4,400,000
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