Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
2406 S UNIVERSITY PARKS DR
WACO, TX 76706
Asking Price
Contact for price
Asset Type
Student Housing Multifamily
Class
Class B
What's Special
96 Units Built in 2003 in Waco, TX <p>• Less than a Mile from Baylor University (20,000+ Students)</p><p>• Duplex Style Property is 24 Four Bedroom-Four Bathroom Units</p><p>• $1.2MM+ in Value-Add Opportunities - Through Interior Renovations and Reducing Expenses</p><p>• Located off University Parks Drive, a Primary thoroughfare to Baylor (Nearly 10,000 VPD)</p><p>• Easy Access to Business-77</p><p>• Downtown Waco is Undergoing a Major Multi-Billion-Dollar Redevelopment with the Launch of the 100-Acre Barron’s Branch District</p>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
