List Search

6601-6701 May Dr
Waco, TX 76710

$4,000,000 USD

Apartments For Sale  •  39,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 39,400 SF
  • Lot Size 2.15 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 6.51 %
  • Zoning R3D
0 Transit Score
52 Walk Score

Highlights

Proximity to Baylor University: Just minutes away from Baylor University, one of Texas’s major universities, providing a consistent demand
Accessibility: Easy access to major roadways, enhancing connectivity to the wider Waco area and nearby amenities.
Student Population: With thousands of students enrolled at Baylor, the demand for rental units remains high, ensuring a steady tenant base.
In addition to students, the location attracts young professionals and families, contributing to a balanced rental market.
Shopping & Dining: Close to various shopping centers, restaurants, and entertainment options, enhancing the appeal for potential tenants.
Cap Rate: 6.51 %

Public Transportation

AirportDriveWalkDistance
Waco Regional 23 min - 9.5 mi
Ryan Michie 832-622-3640 Matthews Real Estate Investment Services
Ryan Michie 832-622-3640 Matthews Real Estate Investment Services