16-Unit Multifamily Complex in Midway ISD – Waco, Texas
This 16-unit multifamily complex on May Drive in the heart of Waco, Texas, presents an exceptional investment opportunity. Situated within an Opportunity Zone, this property offers significant tax incentives for investors looking to enhance their portfolio while contributing to the revitalization of the area. The complex offers newly renovated units, thoughtfully updated to attract quality tenants, with modern finishes and amenities that provide a comfortable living experience. Each unit is ready for immediate occupancy, ensuring a steady income stream from day one.
Additionally, a key highlight of the property is the brand-new roof, installed in 2024, adding value and long-term durability to the complex. This recent upgrade, combined with the renovations, minimizes future maintenance costs, allowing potential buyers to focus on maximizing the property’s return on investment. Whether you are a seasoned investor or someone looking to enter the multifamily market, this complex offers both stability and growth potential in a thriving market.
Financial details are available upon request, providing transparency and allowing for careful evaluation of the property’s performance. With Waco’s growing population and demand for rental properties, this multifamily complex represents a rare chance to acquire a well-maintained asset in an area poised for continued development and economic growth. Click here to see other available commercial properties on our website.