Oakwood Apartments – SOLD

1325 Bagby Ave, Waco TX 76706

Sales Price: $310,000
Unit Price: $51,667
Land: .2803 AC
Cap Rate: 9.09%
Occupancy: 66%
Year Built: 1983

Unit Type	Sq Ft (est.)	Number	Monthly Rent
2BR / 2BA	1,005	6	$780.00
Totals	6,032	6	$4,680.00

August 25, 2011 Posted by sheehyteam | Multi-Tenant Apartments, SOLD | 1325 bagby, Oakwood Apartments | Leave a Comment

Park Place Apartments – 9 Buildings / 32 units – UNDER CONTRACT

6617 Landmark Drive Waco TX 76701

Sales Price: $1.1MM
Unit Price: $34,375
Land: 2.492 AC
Cap Rate: 10.92%
Occupancy: 85%
Year Built: 1972

Unit Type	Sq Ft	Number	Monthly Rent
2BR / 2BA	1,150	20	$650.00
2BR /1.5BA	1,350	12	$685.00
Totals	39,200	32	$21,200.00

August 22, 2011 Posted by sheehyteam | Multi-Tenant Apartments, UNDER CONTRACT | 6617 Landmark Apts | Comments Off

Allen Place Apartments – For Sale

512 Daughtrey, Waco TX 76701

Sales Price: $1.3MM
Unit Price: $72,222
Sq Ft: 20,928 SF
Cap Rate: 8.84%
Year Built: 2000

Unit Type	Sq Ft	Number	Monthly Rent
1BR / 1BA	650	1	$675
1BR / 1BA	750	4	$675
3BR / 2BA	1,380	10	$1,100
4BR / 2BA	1,500	3	$1,395
Totals	21,300	18	$18,560

May 11, 2010 Posted by sheehyteam | Multi-Tenant Apartments | 512 Daughtrey - | Comments Off

A Great Investment – 4-plex for sale

329 North 10th, Waco TX 76701

Sales Price: $159,000
Unit Price: $39,750
Cap Rate: 8%

Unit Type	Sq Ft	Number	Monthly Rent
1BR / 1BA	825	4	$450
Totals	3,300	4	$1,800

April 6, 2010 Posted by sheehyteam | Multi-Tenant Apartments | 329 N 10th - Great Investment Property | Comments Off

3126 Homan Ave

3126 Homan Ave, Waco TX 76707

Sales Price: $45,000
Unit Price: $22,500
Cap Rate: 8.27%
Year Built: 1925

Unit Type	Sq Ft	Number	Monthly Rent
1BR / 1BA	1040	2	$350
Totals	2080	2	$700

Property Overview

Sheehy Team Investment Real Estate invites you to check out this duplex built in 1925 and which could be a great investment for a local investor wanting to add to their portfolio. It is comprised of two large (over 1,000 sq ft) 1-Bedroom apartments. The property could use some updates, but it has great potential. The apartments could be reconfigured as two bedroom units which would give you an additional bump in rental rates.