6531 May Dr | Waco, TX 76710
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
6531 May Dr
Waco, TX 76710
16-Unit Multifamily Complex · Multifamily Property For Sale · 16 Units
Investment Highlights
- Financials Available Upon Request
- Newly Renovated Units
- New Roof (2024)
Executive Summary
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.
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.
PROPERTY FACTS
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
PROPERTY TAXES
Parcel Number | 36-005507-000700-7 | Improvements Assessment | $596,050 |
Land Assessment | $147,350 | Total Assessment | $743,400 |
PROPERTY TAXES
Parcel Number
36-005507-000700-7
Land Assessment
$147,350
Improvements Assessment
$596,050
Total Assessment
$743,400
zoning
Zoning Code | R-3E (Multiple Family Residence) |
R-3E (Multiple Family Residence) |
Learn More About Investing in Apartment Buildings
1 of 29
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP