Language and Region
Currency

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

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

958 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

MAYFLOWER APARTMENTS

2 Residential Properties Offered at £2,308,228 in Waco, TX

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Ongoing improvements to Waco’s infrastructure, influenced by university initiatives, enhance accessibility and attractiveness
The presence of Baylor’s large student population creates consistent rental demand for multifamily properties, particularly those that offer amenities
STRONG OCCUPANCY: High occupancy allows agency financing availability – Day 1 positive leverage.

As Waco continues to grow and develop, property values in nearby Lacey Lakeview are likely to appreciate, offering long-term investment benefits.
VALUE ADD: Ability to push rents 10% to be in-line with market rents of the area.
EXTENSIVE RENOVATIONS: 330k worth of rehabilitation in total – (every unit, siding, parking lot, roof, etc.).

Executive Summary

Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

E Craven Brochure

MCM Mayflower

Property Facts

Price	£2,308,228	Number of Properties	2
Price / SF	£78.57 / SF	Individually For Sale	0
Sale Type	Investment	Total Building Size	29,378 SF
Status	Active	Total Land Area	1.32 AC

Price	£2,308,228
Price / SF	£78.57 / SF
Sale Type	Investment
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	29,378 SF
Total Land Area	1.32 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
600 E Craven Ave, Waco, TX 76705	Residential	9,378 SF	2000	-
Mayflower Apartments 404 E Craven Ave, Waco, TX 76705	Residential	20,000 SF	1965	-

Show More > < Show Less

This feature is unavailable at the moment.