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1001 Speight Avenue

Tony Chereso Of Inland Real Estate Acquisitions And Rob Bronstein Of The Scion Group Buy Student Housing In Waco
SOLDStudent Housing

Tony Chereso Of Inland Real Estate Acquisitions And Rob Bronstein Of The Scion Group Buy Student Housing In Waco

1001 Speight Avenue

Building Size

Asset Type

Student Housing

Closing

Jan 16, 2026

AI

The property asset involved in this transaction is a student housing complex located at 1001 Speight Avenue in Waco, featuring a total of 257 units.

Summary of transaction details:

  • Property Type: Student Housing
  • Transaction Amount: Not specified
  • Address: 1001 Speight Avenue
  • Market: Waco
  • Units: 257
  • Seller's Representative: TSB Realty
  • Buyer's Representatives: Tony Chereso - Inland Real Estate Acquisitions LLC and Rob Bronstein - The Scion Group
  • Buyer's Representative Firm: TSB Capital Advisors

In this transaction, TSB advised the buyers, while financing was provided by Walker & Dunlop for the acquisition of the View on 10th property, which is situated near Baylor University, in addition to other properties located in Virginia and Indiana.

Players

TSB Capital Advisors
TSB Capital AdvisorsBrokerage

Tony Chereso

Inland Real Estate Acquisitions LLC

Buyer

$217M

vol

3 deals

Buyer
Walker & Dunlop
Walker & DunlopLender

Waco Student Housing Market Snapshot

Boundary boundary · Student Housing · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93