Listing Agency: Coldwell Banker Commercial Apex, Realtors b***@cromwellcommercialgroup.com Show Phone

Listed By: H. Bland Cromwell · License #206780

Source: Crexi

Added: Jun 21, 2024 Changed: Aug 8 Last Checked: May 12 at 10:33PM

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Investment Insights

Based on property information with market context.

The Edge Apartments, constructed in 2005, is a student housing complex located near Baylor University. The property features eight units, each containing three bedrooms and three bathrooms, totaling 24 bedrooms. The complex is fully fenced and includes private parking.

Key Highlights

• Student Housing Complex near Baylor University
• Eight Units with Three Bedrooms and Three Bathrooms Each
• 24 Total Bedrooms

Property Analytics

Property Profile

Current Use

Sarah E. Photography Photography Service

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,454

Businesses Nearby

Explore this area Business Placement

Demographics for 76706, TX

39,303

Population

16,600

Households

2.4

Avg Household Size

27

Median Age

23%

College-Educated

85%

High-School Grad

72.3 sq mi

ZIP Area

544

Density / Sq Mi

$42,277

Median Household Income

$23,954

Median Earnings

$1,063

Median Rent

$180,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment complex near Baylor University with 24 bedrooms.

Where is this apartment building located?

The property is located at 2007 S 15th St Waco, TX.

What are key features of this property?

This property features: Student Housing Complex near Baylor University; Eight Units with Three Bedrooms and Three Bathrooms Each; 24 Total Bedrooms