6601-6701 May Dr | Waco, TX 76710
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- LoopNet Team
6601-6701 May Dr
Waco, TX 76710
Creole Apartments · Multifamily Property For Sale · 49 Units
INVESTMENT HIGHLIGHTS
- Proximity to Baylor University: Just minutes away from Baylor University, one of Texas’s major universities, providing a consistent demand
- Student Population: With thousands of students enrolled at Baylor, the demand for rental units remains high, ensuring a steady tenant base.
- Shopping & Dining: Close to various shopping centers, restaurants, and entertainment options, enhancing the appeal for potential tenants.
- Accessibility: Easy access to major roadways, enhancing connectivity to the wider Waco area and nearby amenities.
- In addition to students, the location attracts young professionals and families, contributing to a balanced rental market.
PROPERTY FACTS
| No. Units | 49 | Lot Size | 2.15 AC |
| Property Type | Multifamily | Building Size | 39,400 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1970 |
| Building Class | C |
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 2.15 AC |
| Building Size | 39,400 SF |
| No. Stories | 2 |
| Year Built | 1970 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 37 | - | 800 |
| 1+1.5 | 8 | - | 750 |
| 2+1.5 | 4 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 36-005507-000104-6 | Improvements Assessment | $3,125,780 |
| Land Assessment | $374,220 | Total Assessment | $3,500,000 |
PROPERTY TAXES
Parcel Number
36-005507-000104-6
Land Assessment
$374,220
Improvements Assessment
$3,125,780
Total Assessment
$3,500,000
ZONING
| Zoning Code | R3D |
| R3D |
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