805 S 8th St | Waco, TX 76706
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- LoopNet Team
805 S 8th St
Waco, TX 76706
West Campus Lofts · Multifamily Property For Sale
·
72 Units
INVESTMENT HIGHLIGHTS
- 2017 Construction less than a half mile from Baylor University
- Across the Street from A+ Class Retail Location with Tenants Including Panera Bread, Chick-Fil-A, and Andy’s Frozen Custard
- Offered Free & Clear at Historically Low Interest Rates
- Baylor is Set to Benefit from a Massive Increase in Applications from "The Flutie Effect" After Winning the Basketball National Championship
- Waco Experienced 11.6% Population Growth between 2010-2019 (U.S. Census Bureau)
- Rents in Submarket have Increased by 2.5% over the past Year, Compared to the National Average of 1.5%
PROPERTY FACTS
| No. Units | 72 | Building Size | 104,022 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 2017/2018 |
| Building Class | A | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 3.16 AC | ||
| Zoning | 2007 TIF | ||
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 3.16 AC |
| Building Size | 104,022 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built/Renovated | 2017/2018 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | 2007 TIF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Carpet
- Island Kitchen
SITE AMENITIES
- Fitness Center
- Property Manager on Site
- Spa
- Cabana
- Furnished Units Available
- Maintenance on site
- Roommate Matching
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | - |
| 2+2 | 13 | - | - |
| 3+3 | 10 | - | - |
| 4+4 | 25 | - | - |
PROPERTY TAXES
| Parcel Number | 48-009315-000200-0 | Improvements Assessment | $4,476,790 |
| Land Assessment | $1,721,710 | Total Assessment | $6,198,500 |
PROPERTY TAXES
Parcel Number
48-009315-000200-0
Land Assessment
$1,721,710
Improvements Assessment
$4,476,790
Total Assessment
$6,198,500
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