800 Rambler Dr, Waco, TX

Multi-family for Sale - $6,250,000 - 82,284 Sq. Ft.


Agent Info

Will Phipps
Coldwell Banker Commercial Apex, Realtors

Property Info

CIMLS#1157430
Location
  800 Rambler Dr
  Waco TX 76710
UpdatedApril 9th, 2024
TypeMulti-family
Price$6,250,000
Building82,284 Sq. Ft.

Property Description

Cromwell Commercial Group is pleased to bring this 112 unit multi-family property to the market boasting an excellent location for tenants within walking distance to the YMCA and a short drive to Richland Mall and Ascension Providence Hospital. Additional value add opportunities exist with below market rents and utilities expense reimbursement potential. The units boast well-equipped one and two bedroom floor plans with central heating and air conditioning, hardwood-style flooring and contemporary kitchens.

64 Units - 1 Bed/1 Bath 630 SF

48 Units - 2 Bed/1 Bath 830 SF

77% Occupancy

The R-3E multiple-family residence district zoning is intended to provide for high-density, multiple-family development in locations adjacent to regional employment and business centers and which have the highest degree of accessibility to major transportation corridors, community facilities and public services.


Financials