52-Unit Multifamily Portfolio in
For Sale
Contact for pricing
100-219 W Gruver Cir, Hewitt, TX 76643
Diversified multifamily investment opportunity across three residential portfolios in Waco.
Property Size51,306 SF
Days on Market142
Property Features for 100-219 W Gruver Cir
General Information
Standard status
Active
Size
51,306 SF
Class
C
Property subtype
Multifamily
Building Details
Units
52
Listing Agency:
M&D CRE
(214) 801-7787
Listed By:
Kevin Weable, CCIM · License #689810
Source:
Crexi
Added: Mar 24
Changed: Aug 10
Last Checked: Aug 10 at 11:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M&D CRE
Investment Insights
Based on property information with market context.
This offering presents a 52-unit multifamily investment opportunity across three distinct residential portfolios located in Waco, Hewitt, and Robinson, Texas. The portfolio includes the 18-unit Gruver Duplex Portfolio in Hewitt, the 16-unit Bentwood Quadplex Portfolio in Robinson, and the 18-unit Kingsman Apartment Portfolio in Waco. These assets total 52 units across 15 buildings and approximately 51,306 square feet. The portfolio features a straightforward operational profile with functional layouts designed to meet consistent workforce housing demand. Unit mixes range from one-bedroom apartments to two- and three-bedroom layouts across multiple property types, appealing to a broad tenant base including workforce renters, students, and smaller households. The assets are located within established residential submarkets with proximity to Baylor University, regional healthcare systems, and major employment corridors. The regional positioning supports strong rental demand driven by population growth, economic expansion, and continued housing affordability pressures across the Waco metropolitan area. This offering is structured to allow investors to acquire an individual portfolio, combine two portfolios, or purchase the entire 52-unit collection. The full portfolio presents an opportunity to acquire a diversified, income-producing multifamily collection with operational efficiency, regional scale, and long-term demand drivers supporting performance across Central Texas.
Key Highlights
- 52‑unit multifamily portfolio offering immediate scale and operational efficiency.
- Diversified unit mix (duplex, quadplex, apartments) across three portfolios in the Waco MSA.
- Flexible acquisition strategies: acquire one, two, or all three portfolios.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 76643, TX
16,044
Population
6,231
Households
2.6
Avg Household Size
42
Median Age
37%
College-Educated
95%
High-School Grad
7.6 sq mi
ZIP Area
2,111
Density / Sq Mi
$83,798
Median Household Income
$50,432
Median Earnings
$1,389
Median Rent
$252,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Diversified multifamily investment opportunity across three residential portfolios in Waco.
Where is this multifamily property located?
The property is located at 100-219 W Gruver Cir Hewitt, TX.
What are key features of this property?
This property features: 52‑unit multifamily portfolio offering immediate scale and operational efficiency.; Diversified unit mix (duplex, quadplex, apartments) across three portfolios in the Waco MSA.; Flexible acquisition strategies: acquire one, two, or all three portfolios.
