Sold: The Big 12 Duplexes Near Baylor University at 2406-2418 South University Parks Drive – Waco, Texas 76706
Posted by:Jonathon Lopez onAugust 31, 2017
KW Commercial Central Texas would like to announce our latest sold property at 2406-2418 South University Parks Drive, more commonly referred to as The Big 12 Duplexes of the Baylor University Off Campus Housing Area.
The Big 12 Duplexes are located just two blocks from campus and have easy access to the Baylor Shuttle service. The Baylor University Off Campus Housing Area is the main area of student living complexes that are available to enrolled students. This complex is located within walking distance of McLane Stadium (Football), the Ferrell Center (Basketball and Volleyball), Turner Riverfront Complex (Baseball, Softball, Tennis and Soccer) as well as several other complexes.
All of the units of the Big 12 Duplexes have 4 bedrooms and 4 bathrooms. Currently the owners pay water, high speed internet and basically cable while the tenant pays for electricity. The units include all appliances, including a washer and dryer. The large living room and dining room are both tiled. Each unit has an installed security system. Jenna, a Junior at Baylor University had this to say about the Big 12 Duplexes, “I love living here. It is very convenient to campus. It is incredibly clean and a huge space for the money. Also management fixes any problems in no time. Happy to just have renewed my lease for the third consecutive year.”
Baylor University owns the majority of the surrounding tracts of land around the Big 12 Duplexes making this an ideal purchase as the University seeks the possibility of future expansion along the Brazos River.
Though this property has been purchased, we currently have plenty of other properties available in the Central Texas area. Please click here to see a complete list of those listings.
Request Additional Information from Listing Broker:
Listing Type: Sold Property Type: Multi-Family Property Sub-Type: Student Housing Investment Transaction Result: SOLD
Improvements: 40,320 SqFt Total Units: 24 Acreage: 2.4757 Acres Zoned: O-2: Office-Residence
Owner Will Negotiate
This complex is located on South University Parks Drive just east of Baylor University in Waco, Texas
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.