- For Sale Contact for pricing
- Property Type Other
- Property Size 60 SF
- Lot Size 2.11 SF
- Year Built 1965
- Year Renovated 2005
- Date Updated Jul 3, 2026
Description
Legacy Ridge Apartments offers a well-located, value-add opportunity within one of Waco’s most desirable residential corridors, directly adjacent to the city’s premier single-family neighborhood. This infill setting provides stable tenant demand and convenient access to major retail, employment, healthcare, and lifestyle amenities.
he Property features clear paths to Net Operating Income growth, including proven renovation premiums and in-place rents that remain below upgraded comparables in the immediate trade area. Additional upside exists through continued interior improvements and potential enhancement of underutilized land for expanded amenities or future development (subject to approvals).
With below-market rents, demonstrated value-add potential, and long-term neighborhood stability, Legacy Ridge is positioned to deliver durable rent growth, strong occupancy, and attractive risk-adjusted returns.
Available
False
