12 Unit Multifamily Complex at 1926 Colcord Avenue Waco, Texas 76707
Located in a vibrant and growing neighborhood of Waco, Texas, 1926 Colcord Avenue Apartments offers a fantastic investment opportunity in a well-established residential area. Featuring a combination of thoughtfully designed units, this property caters to a diverse range of tenants, making it an attractive rental option for professionals, families, and students.
Property Features:
- Total Units: 12
- Unit Mix: 1BD/1BA
- Unit Size: 563 SF
- Building Size: 7,144 SF
- Lot Size: 0.38 Acres (16,552.80 SF)
- Year Built: 1981
Key Highlights:
- Centrally Located: Ideally located near key Waco landmarks, including Baylor University, the Waco Convention Center, and the popular Waco Riverwalk. Easy access to I-35 and other major roadways provides quick routes to shopping, dining, and entertainment.
- Strong Rental Demand: Situated in a high-demand rental area, ensuring a steady stream of potential tenants.
- Ample Parking: The property offers ample off-street parking for residents and guests.
- Charming Community: The property features a welcoming, community-oriented atmosphere with green spaces and outdoor areas for residents to enjoy.
- Proximity to Amenities: Close to public transportation, schools, grocery stores, and a variety of dining and shopping options, making it convenient for tenants to access everyday essentials.
Investment Opportunity:
The 12 unit multifamily complex at 1926 Colcord Avenue presents an excellent opportunity for investors seeking a well-positioned, income-producing property in Waco’s growing rental market. With its desirable location, well-maintained units, and high rental demand, this property offers the potential for solid cash flow and long-term value appreciation.