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
9821 Chapel Rd
Waco, TX 76712
Flats on Chapel · Multifamily Property For Sale · 216 Units
PROPERTY FACTS
| No. Units | 216 | Building Size | 264,340 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2001 |
| Building Class | C | Parking Ratio | 1.13/1,000 SF |
| Lot Size | 10.86 AC |
| No. Units | 216 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.86 AC |
| Building Size | 264,340 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 2001 |
| Parking Ratio | 1.13/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Dining Room
Site Amenities
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Playground
- Pool
- Property Manager on Site
- Spa
- Tennis Court
- Basketball Court
- Furnished Units Available
- Trash Pickup - Curbside
- Storage Space
- Lounge
- Maintenance on site
- Sundeck
About 9821 Chapel Rd , Waco, TX 76712
The Multifamily Group has been exclusively retained to offer the opportunity for investors to purchase an institutional quality asset from the original developer. Located in Waco, TX and built in 2001, Saddle Brook West is comprised of 216 units in 26, two-story buildings. Amenities include an Olympic-Size pool, kiddie pool, playground, game room, basketball court and spa. The best-in-class fitness center includes Olympic free weights, treadmills, life cycles, and elliptical trainers. With the cost of living 6% below the national average, the population in the area is projected to expand by approximately 59,100 by 2040 bringing the number of residents to nearly 323,000. This acquisition is a phenomenal opportunity to gain a foothold in one of Texas' best tertiary markets as it grows into a metropolitan hub situated midway between Austin and DFW on the I-35 corridor.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 72 | - | 719 - 780 |
| 2+2 | 96 | - | 1,015 - 1,084 |
| 3+2 | 48 | - | 1,188 - 1,333 |
PROPERTY TAXES
| Parcel Number | 36-048702-000100-0 | Improvements Assessment | $24,265,094 |
| Land Assessment | $2,280,070 | Total Assessment | $26,545,164 |
PROPERTY TAXES
zoning
| Zoning Code | R-3C |
| R-3C |
Learn More About Investing in Apartment Buildings
