Built in 1965 with minimal deferred maintenance, this value-stable asset sits in a strategic central Waco location, providing residents with convenient access to nearby schools, shopping centers, restaurants, and major highways. Its proximity to downtown Waco, Baylor University, and growing employment hubs makes it an attractive option for both families and working professionals. With in-place income and upside potential, 404 E Craven Ave represents a turnkey, income-generating opportunity in a rapidly growing market.

Investment highlights

• 20 fully updated units designed for comfort and convenience
• High occupancy rate ensuring reliable monthly income
• Strategically located near schools, shopping, dining, and major transit routes
• Minimal deferred maintenance for hassle-free ownership
• Ample on-site parking for tenants and guests