Creole Apartments
Market Price
6701 May Drive, Waco, TX 76710
40,600 sqft
Building Size
49
Units
Details:
Highlights:
- Accessible Location
- High Occupancy - 98%
- Rents Currently Below Market Comps
Description:
The Go-Getters Multifamily Team is pleased to announce the exclusive sale of The Creole Apartments, a 49 unit value-add property in Waco, Texas. With in-place rents approximately $125 below market, the property offers rental upside potential based on supporting comps. The property has received interior renovations and upgraded common areas, along with capital improvements including new security gates, parking lot resurfacing, and key plumbing and HVAC upgrades to enhance its position for future growth.
Creole Apartments is located just minutes from Baylor University, one of Texas’s leading universities, ensuring steady demand from students and faculty. The property offers excellent accessibility, with convenient connections to major roadways including Interstate 35 and U.S. Highway 84, as well as close proximity to Waco Regional Airport and downtown Waco. Residents also enjoy easy access to parks, Lake Waco, trailheads, golf courses, schools, shopping, dining, and entertainment options.
Documents:
| Title | ||
|---|---|---|
| Execute_Buildout_CA.pdf | ||
| Execute Buildout CA |
Location
Gallery
