Updated Jan 19, 2026
Tony Chereso Of Inland Real Estate Acquisitions And Rob Bronstein Of The Scion Group Buy Student Housing In Waco
1001 Speight Avenue
Units
257
Asset Type
Student Housing
Closing
Jan 16, 2026
About this deal
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.
On the Map
Student Housing
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Players
Waco Student Housing Market Snapshot
Boundary boundary · Student Housing · Sale transactions
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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