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31120236
31155175

9 Locations

KW
TX 689810
M&D CRE
Listed by M&D CRE
Unpriced
78 days on market
Updated 71 days ago

Gruver Duplex Portfolio in Hewitt, TX | Waco MSA

Details
Property Type Multifamily
Sub Type Duplex Multifamily Portfolio
Square Footage 19,930
Net Rentable (SqFt) 19,930
Units 18
Class C
Buildings 9
Stories 1
Acreage 4 - 5

18 Units on Gruver Circle | Part of 3-Portfolio Multifamily Offering | Acquire One or Scale to Three

Marketing description

Acquire One Portfolio (Gruver) or Scale Within a 52-Unit Multifamily Offering Across the Waco MSA

The Gruver Portfolio consists of nine duplex buildings totaling 18 units, located in Hewitt, Texas within the Waco Metropolitan Statistical Area. The portfolio offers a straightforward operational profile, neighborhood-style residential setting, and immediate multifamily scale within a growing Central Texas market.

Positioned within the established Southern Hills subdivision, the properties benefit from stable surrounding residential development and consistent demand for workforce housing in the Waco region. The portfolio’s clustered layout supports operational efficiency for leasing, maintenance, and management within a single submarket.

The Gruver Portfolio is one of three distinct multifamily portfolios being offered within the Waco MSA, providing investors the flexibility to acquire this portfolio individually or pursue additional scale through the acquisition of other portfolio components within the broader offering.

This structure allows buyers to align acquisition size, asset type, and investment strategy—ranging from a single, manageable duplex portfolio to a larger, multi-asset platform within one regional market.

The Gruver Portfolio presents an opportunity to acquire a well-located, income-producing asset supported by long-term workforce housing demand, population growth, and expanding economic drivers across Central Texas.

Investment highlights

  1. 18 Units Across 9 Duplex Buildings
    Efficient small-multifamily scale within a low-density residential setting

  2. Part of a 3-Portfolio Multifamily Offering
    Acquire individually or scale within a 52-unit Waco MSA investment opportunity

  3. Straightforward Operational Profile
    Duplex format supports efficient leasing, maintenance, and management

  4. Clustered Hewitt Location
    Properties are located within a single submarket, supporting operational efficiency and oversight

  5. Workforce Housing Demand Drivers
    Supported by regional population growth, employment expansion, and rental affordability trends

  6. Low-Density Residential Feel
    Neighborhood-style setting with broad tenant appeal

  7. Manageable Multifamily Scale
    Ideal for investors seeking a right-sized entry point within a growing Central Texas market

Listing Contacts

KW
TX 689810
M&D CRE
Listed by M&D CRE

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Additional Information

Name
Kevin Weable, CCIM
License
689810
Brokerage
M&D CRE
Brokerage Phone
9727719663
Title
Senior Associate/Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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