901 Wooded Acres Dr | Waco, TX 76710
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901 Wooded Acres Dr
Waco, TX 76710
Sunrise Pointe · Multifamily Property For Sale
·
171 Units
INVESTMENT HIGHLIGHTS
- $6.1M+ in Value-Add Upside with Interior Modernization
- Exceptional Southwest Waco Location – Proximate to Restaurants, Shopping & Entertainment
- Double-Digit Cash-on-Cash by the End of Year 1
- Several Ways to Add Value: Rent Bumps, Increasing Electricity Bill-Back, Installing Carports, Adding Electronic Package Lockers, Implementing a Cable
- Well-Positioned Asset Ready for Value-Add Implementation
- 91% Occupied – Opportunity to Acquire a Near Fully Leased Asset
PROPERTY FACTS
| No. Units | 171 | Lot Size | 7.02 AC |
| Property Type | Multifamily | Building Size | 139,123 SF |
| Property Subtype | Apartment | Average Occupancy | 80% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1973 |
| Zoning | O2 | ||
| No. Units | 171 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.02 AC |
| Building Size | 139,123 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1973 |
| Zoning | O2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- High Speed Internet Access
- Refrigerator
- Range
SITE AMENITIES
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Grill
- Package Service
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 123 | - | 711 |
| 2+1 | 24 | - | 827 |
| 2+2 | 24 | - | 958 |
PROPERTY TAXES
| Parcel Number | 48-009601-002200-9 | Improvements Assessment | $5,013,940 |
| Land Assessment | $1,242,280 | Total Assessment | $6,256,220 |
PROPERTY TAXES
Parcel Number
48-009601-002200-9
Land Assessment
$1,242,280
Improvements Assessment
$5,013,940
Total Assessment
$6,256,220
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