4801 Sanger Ave. Waco, TX 76710

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1969

Year Built

78

Units

72,964

Total SF

932 SF

Avg Unit Size

87%

Occupancy

(as of September 2025)

$1,145

AvG Market Rent

Investment Highlights

1

Prime Location

Tribeca Apartments is strategically positioned in the diverse and thriving Sanger Heights neighborhood, offering residents the convenience of downtown access without the congestion typically associated with student and tourist traffic. Its location at the intersection of I-25, SR 6, and SR 84 ensures easy access to major transportation routes, facilitating connections to employment, entertainment, and recreational opportunities.

2

Stable Occupancy with Growth Potential

Currently at 87% occupancy, Tribeca Apartments provides investors with a stable rental base while presenting significant opportunities for growth. The property’s spacious accommodations are in high demand, with units averaging 932 square feet and townhome-style residences averaging 1,150 square feet.

3

Value-Add Potential

For a relatively low initial investment, new ownership can capitalize on the property’s value-add potential by undertaking simple renovations. Upgrading appliances, fixtures, and cabinetry can significantly enhance the property’s appeal and allow for increased rental rates, capturing substantial future rental upside.

LOCATION

Contact Us

DALLAS
5960 Berkshire Lane, Suite 1000
Dallas, TX 75225
214.346.0200

Investment Sales

BART WICKARD
Senior Managing Director
214.360.3848
[email protected]
TX DRE # 609281

MATT WIDEMAN
Managing Director
214.360.3847
[email protected]
TX DRE # 673251

KELLY WITHERSPOON
Senior Managing Director
512.26.8706
[email protected]
TX DRE # 506184

JUSTIN COLE
Managing Director
512.226.8711
[email protected]
TX DRE # 661056

ADAM SUMRALL
Director
512.960.2674
[email protected]
TX DRE # 640038

JUSTIN CHAMBERS
Director
512.969.6838
[email protected]
TX DRE # 728098

Mortgage Banking

JASON RICE
Senior Managing Director
214.360.3811
[email protected]

NATHAN STONE
Senior Managing Director
214.394.3444
[email protected]

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