Contacts
GREA
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Property Details
- Property Type Other
- Units 72
- Additional Rent Contact for pricing
- Date Updated Dec 20, 2024
Madeira Apartments is a renovated 72-unit multifamily community located in Waco, TX, in McLennan County. Built in 1973 and situated on a total area of 3.36 acres, the garden-style property is comprised of 5 two-story brick apartment buildings with flat roofs. Madeira offers spacious and contemporary one- and two-bedroom floor plans. Amenities may vary by unit and include fully equipped kitchens with pantries, wood-grain vinyl plank flooring, walk-in closets, washer and dryer connections in select units, and private patios / balconies. Common area amenities include controlled gated access, a fitness center, a clubhouse, a swimming pool, and laundry facilities. The grounds are professionally maintained and contain open green spaces with a variety of mature shade trees and blooming vegetation. The property is situated in a low-density residential neighborhood with quick access to conveniences.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Well-maintained and attractive 72-unit garden-style community positioned for value-add improvements
- Major employers like SpaceX, Amazon, Mars Candy, and Caterpillar Inc. driving significant job growth and economic expansion in Waco
- Multiple Value-Add opportunities
- Strategically located in the Texas Triangle between Austin and Dallas, poised to capitalize on expanding employment and population
- Comprehensive community amenities include fitness center, clubhouse, tennis court, sauna, and swimming pool
- Attractive pricing offers significant upside potential through targeted renovations
Getting around
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Walk Score ®
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Location
- City Waco, TX
- Neighborhood Brookview-Heart of Texas
- Zip Code 76712
- Market Central East Texas
Points of Interest
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Valero
0.71 miles
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Clark
0.98 miles
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Texaco
1.10 miles
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Sunoco
1.14 miles
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Conoco
1.20 miles
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H-E-B Fuel
1.39 miles
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Murphy USA
1.41 miles
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RaceWay
2.06 miles
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Shell
2.18 miles
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Tesla Supercharger
4.44 miles
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THe View Parking Garage
2.61 miles
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8th St. Parking Garage
2.61 miles
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5th St. Parking Garage
2.74 miles
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Visitor Parking Lot
2.76 miles
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Twisted Root Parking
2.79 miles
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Student Parking
2.97 miles
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Dutton Parking Garage
2.99 miles
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Speight Plaza Building and Parking Garage
3.02 miles
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Parking E
3.10 miles
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Parking C
3.13 miles
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Knights Inn Waco South
1.02 miles
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Sandman Motel
1.07 miles
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Americas Best Value Inn
1.09 miles
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Hillcrest Estate - Magnolia
1.22 miles
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Home2 Suites
2.26 miles
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Aloft Waco Baylor
2.33 miles
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La Quinta Inn and Suites
2.37 miles
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Budget Inn
2.38 miles
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Super 8 Waco University Area
2.42 miles
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Studio 6
2.42 miles
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Provident Heights Elementary
0.71 miles
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Franklin Center
0.99 miles
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Frugal's Outlet
1.10 miles
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H-E-B
1.30 miles
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Melrose
1.47 miles
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Walmart Supercenter
1.47 miles
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Mission Waco
1.50 miles
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ALDI
1.51 miles
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Target
1.55 miles
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Big Lots
1.62 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.