700 Wood Ave
$700,000
700 Wood Ave Waco, TX 76706
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About this listing
DESCRIPTION
Cromwell Commercial Group is pleased to present Lofts at Wood, an exceptional off- campus housing opportunity located within walking distance of Baylor University. Built in 1984, this well-positioned asset offers a stable investment profile with consistent rental demand driven by its proximity to campus and surrounding employment centers.
The property features a mix of five 2-bedroom/2-bathroom units with an average unit size of 850+/- SF, totaling 4,250+/- rentable SF. This offering provides investors with a steady income producing asset in a highly accessible and sought-after rental location.
HIGHLIGHTS
- • Multifamily property with 5 2-bedroom/2-bathroom unit mix
- • Average unit size: 850+/- SF | Total rentable space: 4,250+/- SF
- • Occupancy: 100%
- • Year Built: 1984
- • Zoning: O-2
Details
- • Max Contiguous Area: 4250.0
- • Min Divisible Area: 850.0
